Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Federal Judge Lets Virginia Challenge to Obama Healthcare Law Proceed
Aug 2 2010 // A U.S. judge Monday refused to dismiss a challenge by the state of Virginia to President Barack Obama’s landmark healthcare reform law, a setback that will force his administration to mount a lengthy legal...
People
Aug 2 2010 // Sentry Insurance Co. in Stevens Point, Wis., announced that Peter G. McPartland is joining Sentry as president and chief operating officer. McPartland is a seasoned insurance executive with more than 30 years of experience...
Supreme Court Decision Limits Non-U.S. Companies’ Exposure to U.S. Securities Litigation
Aug 2 2010 // Securities lawsuits against BP and Toyota may be substantially narrowed, thanks to a recent Supreme Court decision. On June 24, 2010, in a long-awaited decision that will affect the circumstances under which non-U.S....
Army Corps Claims Actions Reduced Tennessee Flooding in May
Aug 2 2010 // The U.S. Army Corps of Engineers has concluded its actions during the May floods reduced the Cumberland River’s flood crest in Nashville by 5 feet, but the agency suffered numerous communications problems during the...
Risk Managers Not Satisfied With U.S. Insurance Providers’ Service
Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...
Risk Managers Not Satisfied With U.S. Insurance Providers’ Service
Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...
Japan Tanker Shows How Getting Answers on Ship Security Not Easy
Jul 30 2010 // The confusion around what the owners initially called a possible “attack” on a Japanese tanker in the volatile Straits of Hormuz shows the difficulties markets and policymakers face reacting to security events...
Sen. Nelson Questions BP Tax Break for Oil Disaster Cleanup Costs
Jul 30 2010 // A U.S. senator from Florida called for a congressional inquiry into BP Plc’s plan to use losses from the Gulf of Mexico oil spill to reap $10 billion in tax benefits. Senator Bill Nelson said Wednesday he wants a...
U.S. Regulators Demand Fix for Failed Oil Pipeline in Michigan
Jul 30 2010 // U.S. regulators have told Canada’s Enbridge to detail a safety and repair plan for a failed oil pipeline in Michigan after warning in January the company appeared to be in violation of safety standards because it was...
Japan Supertanker Probe Reveals Crash Impact
Jul 29 2010 // A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials inspecting the ship said on...
Ten Key Indicators Show ‘Global Warming is Undeniable’
Jul 29 2010 // Melting glaciers, more humid air and eight other key indicators, show that global warming is undeniable, scientists said Wednesday, citing a new comprehensive review of the last decade of climate data. Without addressing...
New BP CEO Dudley: Gulf Disaster a ‘Wake Up’ Call to Prioritize Safety
Jul 28 2010 // BP Plc’s newly named chief executive Tuesday called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob Dudley, who...
U.S. Indicts 3 for Alleged Municipal Bid-Rigging
Jul 28 2010 // The U.S. Justice Department Tuesday indicted three former financial services executives as part of a wide-ranging probe into fraud and manipulation of prices for municipal bond derivatives. The 12-count indictment, filed...
Congress Set to Tackle Oil Spill Liability, Drilling Safety
Jul 28 2010 // U.S. Senate Democrats are set to unveil a slimmed-down energy bill Tuesday aimed at reforming offshore drilling, but House lawmakers are taking up a tougher bill on Friday that adds another hurdle to get a bill signed into...
Montpelier Re Reports $70 Million Q2 Net Income; $73 Million Operating
Jul 27 2010 // Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, reported financial results for the second quarter ended June 30, 2010. Fully converted book value per share...
Europe’s CEA Expresses Concerns on Reinsurance Tax Proposals
Jul 27 2010 // The CEA (Centre d’Etudes d’Assurance), the European insurance and reinsurance federation, has written to the US House of Representatives to express its concerns over proposals to change the US tax treatment of...
New York Reopens Probe of AIG’s Cassano
Jul 26 2010 // New York State Attorney General Andrew Cuomo reopened his investigation into former American International Group Inc. executive Joseph Cassano after U.S. authorities ended their own probes, Bloomberg reported, citing a...
Navigators Environmental Expands Coverage for New Contractor Risks
Jul 26 2010 // The Navigators Group, Inc.’s principal underwriting agency subsidiary, Navigators Management Co., Inc., has introduced the Contractor’s Environmental Risk Management (ERM) Toolkit II (“Toolkit II”),...
Report Forecasts Rough Sailing for Canadian Insurers’ Results
Jul 26 2010 // Investors hoping for improved results from Canada’s insurers may want to brace for disappointment, with weak stock markets and lower bond yields seen taking take a bite out of quarterly earnings. Analysts said the...
Munich Re to Further Align Specialty Primary Insurance Platform
Jul 26 2010 // Munich Re plans to further align its U.S.-based specialty primary insurance operations to create a more robust specialty insurance platform under the leadership of Doug Elliot, president and chief executive officer of...
