Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
United Airlines Not Liable for Alleged 9/11 Security Lapse: Judge
Nov 23 2012 // United Airlines bears no responsibility for suspected security lapses at a Maine airport, which allowed hijackers to board the American Airlines plane that crashed into one of the World Trade Center towers on Sept. 11,...
Study: New Jersey Beaches 30-40 Feet Narrower After Superstorm Sandy
Nov 21 2012 // The average New Jersey beach is 30 to 40 feet narrower after Superstorm Sandy, according to a survey that is sure to intensify a long-running debate on whether federal dollars should be used to replenish stretches of sand...
Meningitis Victims Seek to Freeze Assets of Pharmacy, Owners
Nov 20 2012 // A federal judge in Boston on Tuesday is expected to hear arguments on whether to freeze nearly $500 million in assets, including luxury homes, related to New England Compounding Center, the pharmacy linked to a deadly U.S....
Global Investors Call for Action on Serious Climate Danger
Nov 20 2012 // A coalition of the world’s largest investors called on governments on Tuesday to ramp up action on climate change and boost clean-energy investment or risk trillions of dollars in investments and disruption to...
Ex-AIG CEO Greenberg, Starr May Appeal Dismissal of Bailout Suit
Nov 19 2012 // The Federal Reserve Bank of New York won the dismissal of former American International Group Inc. Chief Executive Maurice “Hank” Greenberg’s $25 billion lawsuit accusing it of unlawfully bailing out the...
Ratings Recap: Talanx Re, Nissan Global, Harmony, JEVCO
Nov 16 2012 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Talanx Reinsurance (Ireland) Ltd., both with stable...
Extreme Weather Hits Poor, Middle Class in U.S. the Hardest
Nov 16 2012 // U.S. droughts, floods and heat waves likely fueled by climate change in the last two years hit the people who can afford it the least – the poor and middle class, a report published on Friday said. In affected areas...
Best Revises ICR Outlook to Negative for QBE Group and Subs; Affirms Ratings
Nov 16 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe)...
Best Affirms Aspen UK, Bermuda and Subs Ratings; Outlook Stable
Nov 16 2012 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen...
Beazley to Underwrite Contingency Business in U.S. in 2013
Nov 16 2012 // Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be...
President Obama Vows to Address Climate Change
Nov 15 2012 // President Barack Obama said he plans to work with Congress in his second term to curb human-aggravated climate change, but not at the expense of the U.S. economy. “I am a firm believer that climate change is real,...
BP to Pay $4.5 Billion to U.S. for Gulf Oil Spill
Nov 15 2012 // BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country’s history, the company said on Thursday. The...
Iran Oil Liability Fears Grow as Insurance Ban Bites
Nov 15 2012 // A ban on European Union insurers covering Iranian oil exports has forced ship owners to fall back on new, untested insurance providers, raising fears that governments may have to pay in the event of an oil spill. The July...
Connecticut Well-Positioned to Remain Insurance Capital: Report
Nov 14 2012 // The Connecticut insurance sector plays a vital role in the global insurance landscape and the state’s economy — and the state is well-positioned to remain as the U.S. insurance capital, a new report...
Meningitis Outbreak Spurs Calls to Boost Pharmacy Oversight
Nov 14 2012 // U.S. and state health regulators called on Congress on Tuesday to strengthen federal oversight of compounding pharmacies as lawmakers prepared for two days of hearings on a deadly fungal meningitis outbreak linked to a...
Best Affirms Markel Corp. and U.S. Subs Ratings; Outlook Stable
Nov 14 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the members of the Markel North America Insurance Group. Best also...
Best Affirms Markel International, Lloyd’s Syndicate Ratings; Outlook Stable
Nov 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a+” of UK-based Markel International Insurance Company...
Insurer ING US Files for IPO
Nov 12 2012 // ING U.S. Inc, a unit of Dutch financial services group ING Groep NV, filed to raise up to $100 million in an initial public offering as its parent complies with a European Union mandate to split its businesses. ING Groep...
Thoughts on a Day to Remember and Honor Those Who Fought
Nov 12 2012 // There is a scene at the beginning of the World War I-based play “WarHorse” in which a cavalry troop of British soldiers going to France in August of 1914, extol their readiness for combat and their belief that...
Supreme Court to Hear Amex Appeal on Mandatory Arbitration Clause
Nov 11 2012 // The U.S. Supreme Court on Friday agreed to consider whether American Express Co may invoke an arbitration clause to prevent merchant customers from banding together in an antitrust lawsuit against the company. The court...
