Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Federal Appeals Court Reverses Lower Court on Texas ‘Ambulance Chasing’ Bill
Jun 20 2011 // A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit determined that U.S....
Hurricane Season Could Bring Rate Relief
Jun 20 2011 // Property and casualty insurers craving respite from a long-running drop in prices eyed the start of the U.S. hurricane season on June 1 in the hope that summer windstorms will finally turn the market. The June 1 to Nov. 30...
U.S. Retailers Report Rise in Organized Crime, Cargo Theft
Jun 20 2011 // Sophisticated technology, less staff at stores and more gang activity are all contributing to more U.S. stores being hit by organized crime, according to a survey by an industry group. Of 129 retailers, primarily national...
Missouri Grand Jury Indicts Former US Fidelis Owners
Jun 17 2011 // The brothers who formerly owned one of the nation’s top marketers of auto service contracts have been indicted on charges that include stealing and insurance fraud. Missouri Attorney General Chris Koster on June 15...
General Star Appoints Marsh US Consumer Administrator of Real Estate Programs
Jun 16 2011 // Marsh U.S. Consumer, a service of Seabury & Smith, Inc., has been appointed the exclusive program administrator for General Star Management Co.’s Real Estate Agents and Brokers and Real Estate Appraisers Errors...
U.S. Industry Reserve Redundancy at $22 Billion: Aon Benfield
Jun 16 2011 // The overall U.S. insurance industry reserve redundancy is $22.0 billion versus $21.9 billion at year-end 2009, after the industry released $10.5 billion of reserves during 2010, a new study of year-end 2010 data shows. The...
SEC Says Brokerage Fund Should Compensate Stanford Victims
Jun 16 2011 // In a major victory for victims of Allen Stanford’s alleged Ponzi scheme, U.S. regulators have concluded that they should be compensated by a brokerage industry-backed fund. The decision announced Wednesday by the...
Michigan Insurer Questions FBI Story About Wrecked Ferrari
Jun 15 2011 // A Michigan insurance company suing to force the federal government to pay $750,000 for wrecking a rare Ferrari in Kentucky questioned whether it was simply an accident. Motors Insurance said its investigation showed the...
Businesses Seek Changes in U.S. Anti-Bribery Rules
Jun 15 2011 // The Obama administration defended its stepped up enforcement of a U.S. law banning bribery of foreign officials, and warned lawmakers that changes could open loopholes for wrongdoers. “Foreign corruption remains a...
Hacking Blitz Drives Cyberinsurance Demand
Jun 15 2011 // The recent string of sensational hacker attacks is driving companies to seek “cyberinsurance” worth hundreds of millions of dollars, even though many policies can still leave them exposed to claims. Companies...
AEGIS London Approves $1 Million in Premium Credits for Members
Jun 14 2011 // AEGIS London, the UK- based subsidiary of mutual insurer AEGIS (Associated Electric & Gas Insurance Services Limited) has announced the approval of $1 million in premium credits which will be returned to members...
Ascot Appoints Karns to Houston Underwriting Unit
Jun 14 2011 // Lloyd’s Ascot Underwriting Ltd announced the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. in Houston. He is a local resident with “19 years of experience in the US Energy market, most...
Record Wildfire Season Affecting Arizona, Rest of U.S.
Jun 14 2011 // As Arizona continues to battle several wildfires, every state in the country now has the potential for a wildfire, according to the National Interagency Fire Center. The Center said nearly every state in the U.S. has...
Anthony Clark Sells Southern California Agency
Jun 13 2011 // Calgary, Alberta, Canada-based Anthony Clark International Insurance Brokers Ltd., has announced the sale by its United States subsidiaries Addison Low Cost Insurance Brokers Ltd. and Addison Bay Insurance Brokers Ltd. of...
Private Antitrust Lawsuits Decline in U.S.
Jun 13 2011 // Price-fixing lawsuits against the air-cargo industry have produced steady cash flow for U.S. plaintiff lawyers and their clients, with total settlements topping $367 million last week after British Airways announced an...
Toyota to Face 2013 Trial Over Sudden Acceleration
Jun 13 2011 // A federal judge has chosen a Utah crash that killed two people as the first bellwether trial in nationwide litigation over whether Toyota Motor Corp. made defective vehicles that sped up unexpectedly. U.S. District Judge...
Judge Hands Toyota Owners Setback in U.S. Lawsuit Over Losses
Jun 10 2011 // A federal judge said Toyota owners outside California who seek to recover losses in their vehicles’ value resulting from unintended acceleration cannot pursue their claims under that state’s...
Federal Appeals Court Reverses Ruling on Texas ‘Ambulance Chasing’ Bill
Jun 10 2011 // A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit determined that U.S....
Low Yields Best Insurance as U.S. Farmers Plant Corn
Jun 10 2011 // Ohio farmer Jeff Hoak was excited and anxious at the same time. His wedding was coming up, and many of his corn fields had yet to be planted. The grain gods smiled on him. The weather broke and he finished planting his...
Skype Sued in U.S. by Luxembourg Firm Alleging Patent Infringement
Jun 10 2011 // Internet video phone company Skype Inc. was sued in U.S. federal court Thursday for infringing the patents of a Luxembourg company, which has filed similar lawsuits against Skype in Europe. The lawsuit in the District of...
