Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Cruise Ship Victims Can’t Use U.S. Courts: Expert
Jan 17 2012 // Victims of the Italian cruise ship disaster who might seek to sue in the United States, where damages lawsuits are a virtual industry, may be barred from doing so. The primary reason, legal experts said, is that contracts...
Former North Dakota Insurance Agent Sentenced for Fraud
Jan 16 2012 // A former Minot, N.D. insurance agent has been sentenced to prison and ordered to pay nearly $1.2 million in restitution for wire fraud. Alan Henning, 58, pleaded guilty on Aug. 24, 2011, to charges that he diverted...
Aon To Move Corporate Headquarters to London
Jan 13 2012 // Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important...
Court Denies Class Action Suit Against American Honda
Jan 13 2012 // American Honda Motor Co. won a legal victory as a divided U.S. appeals court on Thursday said a nationwide lawsuit over a brake system used in some Acura RL vehicles should not have been certified as a class-action. The...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Court: Workers’ Comp Bars Iraq Convoy Drivers’ Suit Against KBR, Halliburton
Jan 12 2012 // A federal appeals court on Thursday rejected a lawsuit brought against KBR Inc. and Halliburton Co. by the families of two convoy drivers killed in a 2004 insurgent attack in Iraq. The U.S. Court of Appeal for the 5th...
Investors: Private Sector Must Tackle Climate Change
Jan 12 2012 // Institutional investors with a collective $26 trillion under management opened a new front Thursday in the fight against climate change, urging the private sector to mobilize, follow the money and find new technologies to...
Supreme Court Rules Religious Ministers Not Covered by Job Bias Laws
Jan 12 2012 // Religious groups and churches may hire and fire their leaders without being subject to laws against discrimination in employment, the U.S. Supreme Court said this week in a unanimous landmark ruling. For the first time,...
Supreme Court Upholds Credit Card Arbitration Clauses
Jan 12 2012 // The U.S. Supreme Court ruled on Tuesday for Synovus Financial Corp. and CompuCredit Holdings Corp. and said credit card claims by consumers under a 1996 law must be handled in arbitration, not in court. By an 8-1 vote, the...
Internet Begins New Chapter with .yournamehere Domains
Jan 12 2012 // A quiet Internet revolution begins on Thursday. Organizations can begin applying to name and run their own domains instead of entrusting them to the operators of .com, .org, .gov and others. Up to 2,000 applications are...
N.Y.-based U.S. RE Hires Guy Carpenter Exec as Senior Vice President
Jan 11 2012 // Global reinsurance broker U.S. RE Corp. appointed reinsurance veteran James Nelson as senior vice president. Nelson is a reinsurance executive with more than 30 years of experience. He served more than 30 years at Guy...
FIO’s McRaith: 150 Comments Received on Modernizing Insurance Regulation
Jan 11 2012 // Speaking at an industry conference yesterday, the Federal Insurance Office’s top official gave an update on his department’s upcoming report on the U.S. insurance regulatory system. FIO Director Michael McRaith...
Aon Benfield 2011 Catastrophe Study: $107 Bn Insured Losses; $435 Bn Economic
Jan 10 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued its “Annual Global Climate and Catastrophe Report,” which aggregates and analyses the natural disaster perils that...
Endurance Promotes Boland to Senior VP in New York Office
Jan 10 2012 // Endurance Specialty Holdings promoted Mark Boland to the position of senior vice president, primary casualty insurance. In his new role, Boland will lead Endurance’s U.S. wholesale primary casualty insurance...
Boston Lawsuit Claims DES-Breast Cancer Link
Jan 10 2012 // Arline MacCormack first heard about DES from her mother when she was 17. Three decades later, MacCormack believes that the drug her mother took to prevent miscarriages caused her to develop breast cancer at age...
Medicare Liens and Settlements Following United States v. Stricker
Jan 9 2012 // Reaching a settlement amount between the carrier and a plaintiff over a personal injury claim is sometimes the easiest part of a settlement where Medicare liens are involved. Medicare is a payer of last resort, which...
Safety Of Popular Air Shows, Races Under Scrutiny
Jan 9 2012 // Despite suffering severe injuries in the worst air race accident in the U.S. in more than a half a century, some victims of the crash at the Reno Air Races in Nevada late last year have told their lawyer they would like to...
SEC Changes Its Settlement Language Where Criminal Violations Admitted
Jan 9 2012 // U.S. securities regulators said on Friday that defendants can no longer settle civil cases using “neither admit nor deny” language if they have already admitted to wrongdoing in parallel criminal cases. The...
People
Jan 9 2012 // Starr Companies appointed Ed Navarro as head of international insurance operations. Navarro will drive Starr’s expansion for areas outside of the U.S. He’s been serving as global head of accident and health...
California Arson Suspect Also Faces German Fire Probe
Jan 6 2012 // The man who allegedly ignited more than 50 fires that terrorized Los Angeles last week is also under investigation in Germany for a house fire near Frankfurt. U.S. investigators also disclosed that a search of Harry...
