Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Reinsurance Prices Flat Except in Catastrophe Regions: Aon
Jul 7 2011 // First quarter catastrophes didn’t halt decreases in most U.S. reinsurance renewal programs, except in regions hard hit by significant catastrophe events, according to a report by a leading reinsurance intermediary....
Berkshire Joins Group Bidding for Citi Consumer Loan Unit: WSJ
Jul 6 2011 // Warren Buffett’s Berkshire Hathaway Inc. has joined the group bidding for Citigroup Inc.’s consumer lending unit, the Wall Street Journal said Wednesday, citing people familiar with the matter. Berkshire has...
New Swiss Re sigma study Reveals Global Premium, Capital Growth
Jul 6 2011 // A new study in Swiss Re’s sigma series concluded that the global insurance industry has returned to a pattern of growth. The study – World insurance in 2010 – reveals growth in global premium volume and...
California Workers’ Compensation Law Draws Scrutiny with NFL Case
Jul 5 2011 // A leading Republican in the California State Legislature said he will push for an overhaul of a state labor law that makes the Golden State a magnet for workers’ compensation claims by injured former professional...
U.S. Risk Insurance Group Names Zechlin Senior Broker
Jul 5 2011 // U.S. Risk Insurance Group Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Margaret Zechlin as senior broker in San Francisco. She will work on all...
U.S. Wary of Possible Cuba Oil Spill
Jul 5 2011 // With Cuba preparing to explore for oil 60 miles from Florida, the complicated politics of U.S.-Cuba relations are impeding U.S. efforts to get ready in case of a BP-style accident, analysts and oil experts said. The Obama...
U.S. Official Calls for Legal Framework to Fight Cyber Crime
Jul 5 2011 // Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security...
Marsh Risk Consulting Launches Information Protection, IP Coverage
Jul 5 2011 // The protection of critical information and intellectual property (IP) can determine the success or failure of even the most established firms. The advent of cloud computing, social networking, outsourcing, and other modern...
Cyber World
Jul 4 2011 // Barely a day goes by without news of another data breach at a major corporation or institution. From Sony to Citicorp and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with...
P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew
Jul 4 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...
Cyber World
Jul 4 2011 // Barely a day goes by without news of another data breach at a major corporation or institution. From Sony to Citicorp, and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with...
Cyber World
Jul 4 2011 // Barely a day goes by without news of another data breach at a major corporation or institution. From Sony to Citicorp, and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with...
Aon: U.S. Insured Weather Losses Top $15.5 Billion This Year
Jul 4 2011 // Insured severe weather losses have already topped $15.5 billion in the United States this year, three times the full-year average of the past 20 years, insurance brokerage Aon Corp. said. Almost all of that comes from the...
Cyber World
Jul 4 2011 // Barely a day goes by without news of another data breach at a major corporation or institution. From Sony to Citicorp, and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with...
Report: SoCal Quake Would Rattle Economy
Jul 4 2011 // A new study says a big Southern California earthquake would rattle the region’s economy and its buildings. The U.S. Bureau of Labor Statistics said a magnitude-7.8 quake in the southern segment of the San Andreas...
U.S. Calls for Cross-Border Laws to Counter Cyber Attacks
Jul 1 2011 // Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security...
U.S. Appeals Court in Ohio Upholds Health Care Law
Jul 1 2011 // In the first ruling by a federal appeals court on President Barack Obama’s health care overhaul, a panel in Cincinnati affirmed that Congress can require Americans to have minimum insurance coverage. A conservative...
Totals: U.S. Spring Tornado Losses for P/C Carriers
Jul 1 2011 // Record-breaking tornadoes devastated parts of the United States in April and May, generating substantial losses for insurance companies. Following is a list of maximum losses reported by some insurers and reinsurers for...
Gulf Oil Spill Claims Fund Too Slow: U.S. Attorney General
Jul 1 2011 // The fund oil firm BP set up to deal with compensation claims after last year’s Gulf of Mexico oil spill is working too slowly, U.S. Attorney General Eric Holder said Thursday. The fund is not sufficiently transparent...
Container Shipper Suspends Some Iran Operations over Sanctions
Jun 30 2011 // The world’s largest container firm suspended operations at several Iranian ports on Thursday, potentially disrupting critical food shipments as it complies with tightening U.S. sanctions. Maersk line, a unit of A.P....
