Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
US Teen’s Family Sues Tourist, Aloha Jet Ski
Aug 16 2012 // The family of a 16-year-old California girl killed in a Hawaii watercraft crash is suing an Australian tourist charged with third-degree negligent homicide. The lawsuit filed Monday in Circuit Court in Honolulu by Kristen...
West Virginia Carrying Out Real ID Driver’s License Law
Aug 16 2012 // West Virginia continues to issue new driver’s licenses that meet national standards adopted after the 9/11 terrorist attacks, amid a refusal by a number of other states to carry out the federal Real ID law, Deputy...
Goldman Execs Win Dismissal of Mortgage, TARP Lawsuit by Shareholders
Aug 15 2012 // Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and other bank officials won the dismissal of a shareholder lawsuit accusing them of tolerating poor mortgage practices and quitting a federal bailout program early...
Driving Toward a Future Without Humans Behind the Wheel
Aug 15 2012 // It’s been more than half a century since some of the first concept cars boasting self-driving features were presented to the world and they’re still not on the roads. But many auto executives say the industry...
Catlin Names Curran to Head London Casualty Operations
Aug 15 2012 // The Bermuda-based Catlin Group Limited announced that Daniel Curran has been appointed Head of Casualty for Catlin’s London based underwriting operations. He will have responsibility for “a wide range of...
Standard Chartered Reaches $340 Million Settlement in New York over Iran
Aug 15 2012 // Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The...
AIR Worldwide Now Offering Builder’s Risk Capability
Aug 14 2012 // AIR Worldwide (AIR) has expanded its offerings for commercial insurers with a capability for determining losses from natural catastrophes to buildings under construction. CLASIC/2Version 14.0 introduces the ability to...
NAIC CEO Vaughan to Step Down in 2013
Aug 13 2012 // Dr. Therese M. (Terri) Vaughan announced she will step down as chief executive officer of the organization of state insurance regulators, the National Association of Insurance Commissioners (NAIC), during the first quarter...
Bond Insurers Challenge Stockton’s Bankruptcy Over Pensions
Aug 10 2012 // Two bond insurers challenged the eligibility of Stockton, California, for bankruptcy, arguing that the city can cut pension benefits, a move that could have profound implications for the state. The court filings set a...
El Niño Almost Certain to Arrive In Next 2 Months: U.S. Forecaster
Aug 10 2012 // The U.S. government forecaster warned on Thursday that the feared El Niño phenomenon, which can affect global weather, is almost certain to occur over the next two months, potentially adding strain to global food...
Cyber Surveillance Virus from Mideast Can Spy on Bank Transactions
Aug 10 2012 // A new cyber surveillance virus has been found in the Middle East that can spy on banking transactions and steal login information for social networking sites, email and instant messaging, according to a leading computer...
Montpelier Re Announces Appointments in Property Treaty Operation
Aug 10 2012 // Montpelier Reinsurance Ltd., the Bermuda subsidiary of Montpelier Re Holdings Ltd., has announced several appointments in its Bermuda property treaty operation. Effective immediately, Paul Hopwood, formerly Head of US...
U.S. Judge Puts New Lawsuits Against Banks Over Libor on Hold
Aug 9 2012 // A federal judge on Wednesday suspended several new lawsuits that allege banks rigged key interest rates, saying she first needed to sort through the issues in an earlier round of related lawsuits. U.S. District Judge Naomi...
Swiss Re Reports $83 Million Q2 Net Income; $717 Million in P&C
Aug 9 2012 // Swiss Re reported a net profit of $83 million for the second quarter of 2012, indicating that the figure was “impacted by the sale at a loss of $1.0 billion of the Admin Re® US business.” Property &...
U.S. Crops Get a Break from Historic Drought
Aug 8 2012 // Rain and cooler temperatures in the drought-stricken U.S. Midwest crop belt will provide relief for late-season soybeans, but the change in the weather is arriving too late to help the already severely damaged corn crop,...
U.S. Regulators Angered By N.Y. Action Against StanChart
Aug 8 2012 // The U.S. Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an explosive attack on Standard Chartered Plc over $250 billion in alleged money...
Employers Stressing Health Incentives for Employees: Aon
Aug 8 2012 // U.S. employers are increasingly utilizing monetary and other incentives to encourage employees and their families to become active in health and fitness programs and take better care of themselves, according to new survey...
Aon Benfield Monthly Cat Report Highlights China Floods; Agriculture Losses
Aug 8 2012 // The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic...
Disabled Workers More Likely to Experience Occupational Injury: Study
Aug 7 2012 // Workers with disabilities are significantly more likely to experience both nonoccupational and occupational injuries than those without disabilities, a new study revealed. Researchers at the Center for Injury Research and...
UK Bank May Have Hidden $250 Billion in Iran Deals; May Lose U.S. License
Aug 7 2012 // New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran,...
