Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Bank of America Wins Dismissal of Suits Over Merrill Lynch
Mar 30 2011 // A Manhattan federal judge dismissed two lawsuits seeking to force Bank of America Corp. to sue former Merrill Lynch & Co. executives and directors over losses in mortgages and other risky debt. The ruling was issued...
U.S. Business Group Says Doha Round Hopes Fading
Mar 29 2011 // Chances for a deal this year in long-running world trade talks are fading and likely will remain remote unless world leaders become personally involved, an influential U.S. business group said Monday. “At the...
2010 Nat Cats, Disasters Cost $218 Bn – $43 Bn Insured; Says Swiss Re
Mar 29 2011 // According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were $218 billion in 2010, more than triple the 2009 figure of $68 billion. The losses cost the...
Arizona Regulator Selected for International Supervisory Forum
Mar 28 2011 // The National Association of Insurance Commissioners (NAIC) announced that Steve Ferguson, assistant director of the Arizona Financial Affairs Division, has been selected as the U.S. representative to the International...
Employers Rewarded for Insuring Early Retirees Under Healthcare Reform
Mar 28 2011 // When President Barack Obama signed his healthcare overhaul into law a year ago, some U.S. companies were quick to flag — and write down — the millions of dollars they stood to lose as a result of one aspect of...
New Jersey, Home to Oldest U.S. Nuke Plant, Reviewing Safety
Mar 28 2011 // New Jersey, the most densely populated state and home to the nation’s oldest nuclear power plant, created a task force Friday to review safety and emergency response plans at nuclear plants in light of the disaster...
NYC Marks 100th Anniversary of Deadly Factory Fire
Mar 28 2011 // Hundreds of people gathered Friday in Manhattan’s Greenwich Village neighborhood to mark the 100th anniversary of the Triangle Shirtwaist factory fire that killed 146 people and helped galvanize the U.S. labor...
Former U.S. Sen. Thompson Opposes Tennessee Governor’s Damages Cap
Mar 25 2011 // Former U.S. Sen. Fred Thompson says legislation that seeks to limit monetary damages from lawsuits in Tennessee is unnecessary and that a jury should decide how much is awarded and not state government. The proposal by...
Former NAIC Pres. Atchinson to Head Geneva Ass’n. Institutional Relations
Mar 25 2011 // The Geneva Association, an important international insurance think tank, announced that Brian Atchinson has been appointed as Acting Head of Institutional Relations. He is a former President of the National Association of...
U.S. P/C Insurers’ Results for 2010 Get ‘Mixed Review’ from A.M. Best
Mar 24 2011 // The U.S. property/casualty insurance industry’s financial results for 2010 represented a mixed bag, with some good results and some that are of concern, according to a leading rating organization. A.M. Best Co....
Nuclear Agency to Conduct Safety Check of U.S. Plants
Mar 24 2011 // The top U.S. nuclear regulator Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear...
U.S. Coastlines Should Be Prepared for Potential Tsunamis
Mar 23 2011 // In the wake of Japan’s tsunami disaster, the National Oceanic and Atmospheric Administration (NOAA) is urging Americans who live and vacation at the coast to take the threat of tsunamis seriously. With more coastline...
Happy 100th Birthday Workers’ Compensation: The Great Tradeoff!
Mar 23 2011 // Happy 100th Birthday Workers’ Compensation: Now What ? This year marks the 100th anniversary of the workers’ compensation system in the U.S. As Christopher Boggs, director of Education for Insurance...
No Need to Remove Wiring in Homes with Problem Drywall: U.S. Officials
Mar 22 2011 // Federal safety officials have stopped recommending removal of all electrical wiring in homes with problem drywall, a change in the safety protocol that could reduce the cost of remediation for many homes. The U.S. Consumer...
Decision on Workers’ Comp for Illegal Workers Left to States
Mar 21 2011 // The U.S. Supreme Court’s recent refusal to hear a workers’ compensation insurance case that concerned an illegal immigrant who had sought coverage after a workplace accident means states are left to decide the...
U.S. Nuclear Plants to Undergo Safety Reviews
Mar 21 2011 // The Nuclear Regulatory Commission will conduct a “comprehensive review” of the safety of all U.S. nuclear plants following what U.S. officials are calling the dangerous and complicated situation at...
Western U.S. Tsunami Damage Exceeds $50 Million
Mar 21 2011 // Tsunami waves following Japan’s massive earthquake are estimated to have caused more than $50 million in damage in the Western United States, according to local officials. In Hawaii, Gov. Neil Abercrombie issued an...
Business Moves
Mar 21 2011 // Maritime General Agency Maritime General Agency combined three niche marine insurance underwriting facilities into Maritime Program Group: Maritime General Agency, Marine MGA and Windward Marine Underwriters. Maritime...
People
Mar 21 2011 // Provider Insurance has appointed Lynn Cubano as personal lines account manager. She will be responsible for acquiring new clients and expanding existing accounts in the personal lines division of the Massachusetts-based...
Business Moves
Mar 21 2011 // Advocate Reinsurance Partners Goss Reinsurance Brokers LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, Texas, announced it has changed the company name to Advocate Reinsurance Partners LLC....
