Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Declarations – Midwest
Oct 22 2012 // Counterfeit Airbags “Anytime equipment that is critical to protecting drivers and passengers fails to operate properly, it is a serious safety concern.” —U.S. Transportation Secretary Ray LaHood. The National...
Declarations – East
Oct 22 2012 // Policyholders’ Surplus “The $17.5 billion increase in policyholders’ surplus to a near-record-high $567.8 billion at June 30, 2012, is a testament to the strength and safety of insurers’ commitment...
Declarations – West
Oct 22 2012 // Fiscal Consequences “If you’re right about this, the consequences are enormous for the federal fisc.” –Justice Ruth Bader Ginsburg told John Jacobs, a lawyer whose client James Bormes had brought a...
Better Than Feared
Oct 22 2012 // It’s been four years now since what some were calling the Great Scare in October 2008, tying in the Halloween season with the ugly economic events unfolding during a time in which it appeared the U.S. could be...
Financial Oversight Panel Eyes Prudential As ‘Systemically Important’
Oct 19 2012 // The new U.S. risk council has moved closer to deciding whether Prudential Financial is “systemically important,” a Prudential spokesman said on Friday, a tag that would translate into greater regulatory...
Pennsylvania’s Health Insurance Exchange Plan Stalls
Oct 19 2012 // A state-run health insurance exchange is unlikely to be ready for a scheduled January 2014 rollout, Pennsylvania’s top insurance regulator said Wednesday. Insurance Commissioner Michael Consedine said development of...
California City Seeks to Cut Asthma Rate via ‘Social Impact’ Bond Issue
Oct 19 2012 // The city of Fresno, Calif., will be the first municipality in the United States to see whether “social impact bonds,” an innovative security that promotes a societal benefit, can be used to tackle a major...
Supreme Court Hears West Virginia Mine Widows’ Plea
Oct 19 2012 // Federal inspectors must share the blame — and therefore face a lawsuit — for a 2006 West Virginia coal mine fire that killed two miners, a lawyer for their widows argued at the state Supreme Court on Wednesday. Lawyer...
U.S. Weather Forecast: Winter to Continue Hot Weather Trend
Oct 19 2012 // After a hot spring and a scorching summer, this winter is likely to continue a U.S. warming trend that could make 2012 the hottest year since modern record-keeping began, U.S. weather experts said Thursday. Drought that...
‘Big One’ Looms in Minds of Experts Before California ShakeOut
Oct 18 2012 // A day before more than 9 million people in California took part in a massive nationwide earthquake drill on Thursday, U.S. Geological Survey seismologist Lucy Jones stood in a room full of risk professionals in the San...
Texas Landowners Take a Rare Stand Against Big Oil
Oct 18 2012 // Oil has long lived in harmony with farmland and cattle across the Texas landscape, a symbiosis nurtured by generations and built on an unspoken honor code that allowed agriculture to thrive while oil was extracted. Proud...
Weak El Nino Could Affect U.S. Weather in Coming Months
Oct 18 2012 // Ocean temperatures may enter a weak El Nino pattern this winter, which could affect U.S. weather in coming months, government forecasters said on Thursday. The El Nino weather pattern, which is usually associated with...
Ally Financial to Sell Mexican Insurance Business to ACE
Oct 18 2012 // Auto lender Ally Financial, which is 74 percent-owned by the U.S. government, will sell its Mexican insurance business to insurance and reinsurance company ACE Ltd for $865 million in cash as it looks to focus on its U.S....
Chairman Nelson Talks About the Future of Lloyd’s
Oct 16 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
Insurance Industry’s Text-to-Give Campaign Supports 4 Charities
Oct 15 2012 // A new text-to-give campaign as part of the Insurance Industry Charitable Foundation (IICF) Week of Giving will generate donations for four well-known national nonprofits. During October, insurance employees can donate $5...
Banks Say Settlements Aren’t Slowing Financial Crisis Liability Suits
Oct 15 2012 // As U.S. authorities seek to make Wall Street pay for its role in triggering the financial crisis more than four years ago, banks are starting to fight back, frustrated that they are being asked to pay more than once for...
ITC Is Largest Provider of Insurance Websites in United States
Oct 15 2012 // Carrollton, TX, 10/15/12 – Insurance Technologies Corporation (ITC), a leading provider of marketing, rating and management software and services, announced that more than 2,000 agencies are currently using Insurance...
Murdoch May Sue Lance Armstrong to Recover Past Libel Settlement
Oct 15 2012 // London’s Sunday Times said it may take legal action against cyclist Lance Armstrong, including pursuing him for alleged fraud over a libel settlement, in the wake of the United States Anti-Doping Agency’s...
Wrongful Death Claim In U.S. Border Patrol Shooting In Southern California
Oct 14 2012 // The family of a 32-year-old mother of five shot and killed by a U.S. Border Patrol agent as he rode on her car’s hood in suburban San Diego has filed a wrongful death claim against the agency, saying the agent had a...
Hiscox Launches Solo Strike Liability Protection for US Healthcare Institutions
Oct 12 2012 // To counter the growing threat of an attack by an individual on healthcare institutions, Hiscox has launched a dedicated solo strike liability insurance product for the US healthcare market. In the event of an attack,...
