Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Has Pet Insurance Become a Necessity?
Feb 9 2012 // After Nicole Bodzon, 28, a consultant in Conifer, Colorado, paid $1,600 for her pug, Pepe, to have a possibly cancerous tumor removed from his eye, she thought she might benefit from an insurance policy. But it took her a...
BP Wins Ruling Keeping Prior Accidents Out of Gulf Spill Trial
Feb 9 2012 // BP Plc won a court order to keep references to some previous accidents out of this month’s trial to assess blame for the 2010 Gulf of Mexico oil spill, the oil company’s second victory in as many days to bar...
Lawyer Says Cruise Lawsuits Will Force Insurers to Demand Higher Standards
Feb 9 2012 // Insurers stung by multi-million dollar claims over the Concordia shipwreck will demand higher safety standards from the cruise industry, a lawyer who will file suits this month against Carnival Corp for more than 70...
Beazley Simplifies D&O Purchases for U.S. Multinational Companies
Feb 8 2012 // Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and...
US House Oks Bill For Tribe’s Move Out Of Tsunami Zone
Feb 8 2012 // The U.S. House approved a bill Monday that will allow the Quileute tribe to move its school and other buildings out of a tsunami zone on the Washington coast to higher ground in Olympic National Park. The land transfer...
Daredevil CEOs May Put Companies at Risk
Feb 7 2012 // The death of Micron Technology Inc. Chief Executive Steve Appleton in the crash of an experimental plane is raising fresh questions about what a company should disclose to investors when a senior executive has a high-risk...
8 States to Hold Earthquake Drills Today
Feb 7 2012 // Eight states are expected to take part in an earthquake drill today that will be conducted throughout the central United States on the 200th anniversary of the 1812 New Madrid earthquakes. The event is called the 2012...
U.S. Authorities Looking Into Murdoch Foreign Payments
Feb 7 2012 // U.S. authorities are stepping up investigations, including an FBI criminal inquiry, into possible violations by employees of Rupert Murdoch’s media empire of a U.S. law banning corrupt payments to foreign officials...
Alabama Sports Trademark Infringement Claim Set for Court
Feb 6 2012 // A federal appeals court is set to hear arguments in the trademark infringement case between sports artist Daniel Moore and the University of Alabama, whose football program is portrayed in a number of his works. They...
Investors Suing Bank of America Win Class-Action Status
Feb 6 2012 // Investors suing Bank of America Corp. won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co. and the size of Merrill’s losses...
P/C Insurers’ Combined Ratio for 2011 Estimated at 107.5%
Feb 6 2012 // The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked...
China Tightens Rules for Auditors of Listed Firms
Feb 6 2012 // China has tightened the qualifying criteria for firms wanting to audit listed companies, to protect investor interests, according to new regulations published on Monday. The new regulations, made jointly by the finance...
Carlyle Group Drops Controversial Arbitration Requirement for Shareholders
Feb 6 2012 // Carlyle Group LP, a giant private equity firm that has filed for an initial public offering, has dropped a controversial effort to require its future shareholders to resolve claims through arbitration rather than in...
BP Fails to Shift Gulf Oil Spill Costs to Transocean
Feb 6 2012 // Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion clean up...
Increase in U.S. Tort Costs Driven by Gulf Oil Spill: Study
Feb 6 2012 // The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report. The 2011...
Ground Shifting for Medical Liability Insurers: Moody’s
Feb 6 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property/casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare system,...
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Feb 6 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh. Substantial...
U.S. Offers Small Businesses Free Cyber Security Tool
Feb 6 2012 // The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool. The Small Biz Cyber Planner allows business owners to create customized cyber security...
Google Captive in Hawaii on Track
Feb 6 2012 // Web search giant Google Inc. has been granted tentative approval from the Department of Labor to form a captive insurance company in Hawaii to cover employee benefits for thousands of the Mountain View, Calif.-based web...
BP Fails to Shift $15 Billion of Gulf Oil Spill Costs to Transocean
Feb 6 2012 // Oil giant BP has lost its attempt to shift more than $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion cleanup...
