Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Firms Vulnerable In Corrupt Practices Crackdown
Jan 19 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...
Senator Targets Workers’ Compensation Pay to Elderly Federal Employees
Jan 18 2011 // More than 1,000 federal workers aged 80 and older are receiving workers’ compensation benefits even though they likely have no intention of returning to work, according to a U.S. senator who wants to reduce the waste...
U.S. Opens Product Safety Office in China
Jan 18 2011 // The U.S. Consumer Product Safety Commission will set up its first office outside the United States in China in a bid to reduce the amount of dangerous products reaching the American market. Commission head Inez Tenenbaum...
Catlin U.S. Completes Purchase of Blue Ridge Insurance
Jan 18 2011 // The Bermuda-based Catlin Group Limited has purchased Blue Ridge Insurance Co. (BRIC) from the QBE Insurance Group. Catlin will rename BRIC as Catlin Indemnity Co. and expects to begin writing business through this company...
House to Vote on Healthcare Repeal Next Week
Jan 14 2011 // The U.S. House of Representatives will resume action next week on repealing President Barack Obama’s landmark healthcare overhaul, a House Republican spokesman said Thursday. The House had been expected to act this...
Small Businesses in Hiring Mood? It’s Hard to Figure
Jan 13 2011 // U.S. small businesses appear to be on the cusp of a mini hiring revival that may be a bit stronger than the Labor Department’s data suggests. Three sets of private sector surveys released this month showed a pick-up...
Study Says Climate Change Link in Hurricane Losses Decades Away
Jan 13 2011 // Tropical cyclones are expected to cause more damage in the United States and Asia but it could be more than a century before insurers can point to climate change as a factor in losses from storms, scientists say. In a...
JPMorgan, Morgan Stanley Pitch for AIG Share Sale
Jan 13 2011 // Some of the United States’ top bankers descended on a law firm in midtown Manhattan Thursday to pitch for what could be one of the largest share sales in history — a secondary offering for bailed-out insurer...
Companies Concerned About U.S. Consumer Complaint Sites
Jan 12 2011 // The U.S. government is intensifying its use of consumer complaint websites with two new outlets for customer gripes that have trade groups for manufacturers and financial firms concerned about smear campaigns and lawsuits....
Confie Seguros Acquires Seguros Sin Barreras
Jan 12 2011 // New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Los Angeles-based Seguros Sin Barreras, an insurance broker that serves Hispanic customers in 49...
Study: U.S. Tort Costs Decline in 2009
Jan 12 2011 // A decline in both real and nominal GDP, a rising unemployment rate and decreasing tort activity as a result of a lower level of economic activity helped drive tort costs down by 2.7 percent, or $6.8 billion, in the United...
Chinese Drywall Makers Refusing to Compensate U.S. Homeowners
Jan 11 2011 // The top U.S. product safety official said on Monday the agency has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties. The...
The Economic Cost of Obesity
Jan 11 2011 // The total economic cost of an overweight and obese population in the U.S. and Canada approaches $300 billion per year, with 90 percent of the total – $270 billion – attributed to the U.S. A new study the...
Marsh Names Sulkes U.S. Financial Institutions Practice Leader
Jan 11 2011 // Marsh appointed Jill Sulkes as head of its U.S. Financial Institutions Practice. Sulkes has more than 15 years of experience in risk management for financial institutions, most recently as a managing director in...
White House Panel Calls For Tough Regulation After BP Spill
Jan 11 2011 // White House panel probing BP’s massive oil spill called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face...
2011 to Be Key Year in Employment Liability
Jan 10 2011 // The year 2010 was an important one for employment-related class action litigation and 2011 could see even more far-reaching judgments and changes to class action law. The value of employment discrimination class action...
Employers With Foreign Labor Face Increased Liability
Jan 10 2011 // Insurance Considerations for Agents Insuring Agricultural Employers Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable...
Federal Judge Dismisses Suits Against Insurers Over Chinese Drywall Coverage
Jan 10 2011 // A federal judge in Louisiana in mid-December let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from...
People
Jan 10 2011 // Todd Teitell, executive vice president and branch leader of AmWINS Brokerage of Texas in Dallas, has been elected president of the Texas Surplus Lines Association Inc. Other elected TSLA officers for the coming year...
What Happened in Workers’ Compensation in 2010
Jan 10 2011 // Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial lines including the workers’ compensation industry in 2010, as they did in 2009. Robert...
