Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
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...
Judges Question Individual Mandate in Healthcare Law
Jun 10 2011 // Three federal appeals judges expressed unease with a requirement that virtually all Americans carry health insurance or face penalties, as they repeatedly raised questions about President Barack Obama’s health care...
Lloyd’s Kiln Acquires 49% Stake in US-based WNC Holdings
Jun 10 2011 // Lloyd’s insurer and syndicate leader R.J. Kiln, a member of the Tokio Marine Group, announced that it has bought a 49 percent share in California-based WNC Holdings – a provider of specialty insurance products and...
U.S. Urges Code of Conduct for Internet Commerce
Jun 9 2011 // Companies using the Internet to do business should adhere to a code of conduct to reduce hacking and online theft, the U.S. Commerce Department said in a report issued Wednesday. The department recommended improved methods...
Judge Signals $32 Million Settlement in Wells Fargo Bias Suit
Jun 9 2011 // A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co. to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of...
Ratings Roundup: Attorneys’ Liability, AMI
Jun 9 2011 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based Attorneys’ Liability Assurance Society (Bermuda) Ltd. and its Vermont-based operating unit, Attorneys’ Liability Assurance...
Percent of U.S. Workers with Disability Coverage Declines
Jun 8 2011 // More than half of U.S. workers have no disability coverage and that percentage is dropping, an insurance company survey shows. According to new research from The Hartford, 49 percent of U.S. workers have short-term...
U.S. Court in Georgia to Hear States’ Healthcare Law Challenge Today
Jun 8 2011 // A U.S. appeals court in Atlanta will hear a lawsuit Wednesday challenging the constitutionality of the healthcare reforms signed into law by President Barack Obama a year ago. The suit, filed by more than half the states,...
Finance Industry Warns of Transatlantic Discord over Derivative Rules
Jun 8 2011 // Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday. “The high policy debate is going in the wrong direction...
U.S. Supreme Court Rejects GE Challenge to EPA Cleanup Orders
Jun 7 2011 // The U.S. Supreme Court Monday rejected General Electric Co.’s legal challenge to part of a federal law that gives the Environmental Protection Agency the power to order companies to clean up hazardous waste. The...
Fed Eyes Steep Capital for Risky Financial Firms
Jun 6 2011 // The largest and riskiest U.S. financial firms could be forced to hold up to twice as much capital as called for in the international Basel III accord, under one plan the Federal Reserve is considering. Fed Governor Daniel...
Declarations
Jun 6 2011 // The Final Straw? “It’s only a large U.S. event that can turn things around. The U.S. is the biggest insurance market with the biggest exposures.” —Amit Kumar, an analyst at Macquarie in New York. The...
Declarations
Jun 6 2011 // The Final Straw? “It’s only a large U.S. event that can turn things around. The U.S. is the biggest insurance market with the biggest exposures.” —Amit Kumar, an analyst at Macquarie in New York. The...
Hurricane Season Could Bring Rate Relief
Jun 6 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...
Declarations
Jun 6 2011 // Compromise on Lawsuits “You can be assured that you can go to the courthouse and not face the prospect of ruination by pursuing a constitutional right.” —Texas trial attorney Mike Gallagher comments on a...
