Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Group Cleaning Kentucky Superfund Site Sues Past Users
Sep 6 2012 // Companies, municipalities and universities in Kentucky that contributed to what was once one of the largest hazardous waste facilities in the United States should have to pay for its cleanup, the group managing what is now...
Aon Benfield Report Highlights Growth of Insurance-linked Securities
Sep 6 2012 // Catastrophe bond issuance for the last 12 months – June 2011 to June 2012 – rose to $6.43 billion – an increase of more than $2 billion over the same period in 2011, according to a report issued by Aon Benfield...
Drought, Low Export Demand Sap Midwest Economy
Sep 5 2012 // An August survey suggests that the continuing drought and lessening export demand for U.S. products are among the drains on the economy in nine Midwest and Plains states, according to a report released Tuesday. The...
Prospects Fade for Early Settlement by BP with U.S. Over Gulf Oil Disaster
Sep 5 2012 // Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on Wednesday after U.S. prosecutors laid out a legal case for gross negligence on which tens of billions of dollars...
Missouri Insurance Director to Chair Solvency Modernization Task Force
Sep 5 2012 // John M. Huff, director of the Missouri Department of Insurance, has been appointed chair of a national task force focusing on insurance regulation, the department announced. The Solvency Modernization Initiative was...
Supreme Court to Review State v. Federal Class-Action Case Involving Insurer
Sep 3 2012 // The U.S. Supreme Court on Friday agreed to consider the constitutionality of a legal tactic that can make it harder for companies to defend against class-action lawsuits, in a case it will review in the term that starts on...
U.S. Construction Firms Facing Double-Digit Increases for Liability Insurance: Marsh
Aug 31 2012 // The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with...
Report: U.S. Corn Belt Benefits from Recent Rains
Aug 31 2012 // Some key U.S. farm states punished by the nation’s worst drought in decades benefited slightly from recent rains, with more rain on the way from the remnants of Hurricane Isaac. The weekly U.S. Drought Monitor map...
U.S. Insured Losses from Hurricane Isaac Could Reach $2B: AIR
Aug 31 2012 // Catastrophe modeling firm AIR Worldwide estimates that insured losses from Hurricane Isaac to onshore properties in the U.S. will be between $700 million and $2 billion. AIR estimates include wind and storm surge damage to...
Ford Sued Over Patent Infringement
Aug 31 2012 // Ford Motor Co has been sued for allegedly infringing a patent that covers a fuel-injection system it uses in its top-selling F-150 truck. According to a federal complaint made public on Thursday, TMC Fuel Injection System...
Isaac Brings Relief to U.S. Drought Conditions
Aug 31 2012 // The remnants of Hurricane Isaac continue to cause headaches on Friday, bringing heavy rainfall and the threat of flash flooding to the lower Mississippi Valley as Gulf Coast residents get ready to start their cleanup...
Citigroup Settles Securities Lawsuit for $590M
Aug 30 2012 // Citigroup Inc. agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial...
Isaac Heads North After Drenching U.S. Gulf, New Orleans
Aug 30 2012 // Tropical storm Isaac is expected to weaken further as it heads north on Thursday, after causing significant damage to the U.S. Gulf Coast but nothing on the scale of Hurricane Katrina, which devastated New Orleans in...
U.S. P/C Insurers Expected to Withstand Isaac: Fitch
Aug 29 2012 // Fitch Ratings anticipates losses related to Hurricane Isaac will be largely borne by primary insurers, but estimates remain uncertain as the storm has yet to make landfall. Isaac is expected to be less powerful than the...
Hurricane Isaac Soaks Gulf Coast, Tests Levees
Aug 29 2012 // Hurricane Isaac drove water over the top of a levee on the outskirts of New Orleans on Wednesday, but the multibillion-dollar barriers built to protect the city itself after the 2005 Katrina disaster were not breached,...
Hurricane Isaac Hits Fortified New Orleans on Katrina’s Anniversary
Aug 29 2012 // Hurricane Isaac lashed southern Louisiana with high winds and heavy rains on Wednesday and was set for a late-morning arrival in New Orleans, seven years to the day after Hurricane Katrina devastated the city. Isaac is the...
Isaac Becomes a Hurricane As It Churns Toward New Orleans
Aug 28 2012 // Tropical Storm Isaac strengthened into a hurricane just off the U.S. Gulf Coast on Tuesday as it churned toward landfall in the New Orleans area seven years after the city was devastated by Hurricane Katrina. Isaac’s...
10 U.S. Cities with Safest Drivers
Aug 28 2012 // This year’s top honor of “America’s Safest Driving City” is Sioux Falls, South Dakota, where the average driver will experience an auto collision every 13.8 years, which is 27.6 percent less likely...
Near-Hurricane Strength Isaac Takes Aim at New Orleans
Aug 28 2012 // Tropical Storm Isaac was near hurricane force as it bore down on the U.S. Gulf Coast on Tuesday and was expected to make landfall in the New Orleans area seven years after it was devastated by Hurricane...
Arctic Sea Ice at Record Low; Expected to Keep on Melting
Aug 28 2012 // The world’s Arctic ice cap has shrunk to a new low, surpassing a record set only five years ago, and is expected to keep retreating for a few more weeks, according to U.S. data released on Monday. The Arctic sea ice...
