Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Lava-Listed on Hawaii’s Big Island
Oct 5 2009 // Insurers’ Use of Lava Maps to Gauge Risk Doesn’t Set Well With Some Homeowners The U.S. Geological Survey’s 35-year-old maps of lava danger zones in this southern corner of Hawaii’s Big Island are a...
2009 a Boom Year for Government Activity on Insurance
Oct 5 2009 // Legislative and regulatory activity affecting the insurance industry has increased considerably in 2009 compared to the previous two years, according to a new report. From January to July 2009, more than 10,000 pieces of...
The ‘Special’ Relationship
Oct 5 2009 // The bond between the United States and the U.K. has been the subject of a significant amount of media comment in recent weeks on both sides of the Atlantic. Our long held “special” relationship seems to have...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
AIG Stabilizing But Ability to Repay Government in Doubt
Oct 5 2009 // Insurer American International Group’s ability to restructure its business and repay billions of dollars to the U.S. government remains in doubt, U.S. congressional investigators said in a report. However, the...
Ironman Kevin Kelley: Strength Through Multiple Platforms
Oct 5 2009 // Ironshore’s CEO on Why He Left AIG and How He’s Building His Young Company In December 2008, Kevin Kelley left Lexington Insurance Co., the largest excess and surplus lines insurance company, after more than 30...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
House Panel Releases Bill Creating Federal Insurance Office
Oct 2 2009 // Congress got a look yesterday at a draft of legislation to create a federal insurance office that would work on international insurance issues as well as monitor the insurance industry and insurers for anything that might...
Bermuda Finance Chief Warns Nations of Risk of Overtaxing Business
Oct 2 2009 // The world’s wealthiest nations risk harming “the goose that lays the golden egg” if they overtax businesses, Bermuda’s finance minister said on Thursday, adding that her island nation had surpassed...
Strong Earthquakes Abroad Could Weaken Geologic Faults in U.S.
Oct 2 2009 // Powerful earthquakes may be a trigger for weakening geologic faults a half a world away, U.S. researchers said this week in a study that points to new ways to predict earthquakes. “Earthquakes are caused when a fault...
Best Affirms Ratings on QBE and Operating Companies
Oct 1 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , Australia’s QBE Insurance...
Best Affirms QBE’s U.S. Subsidiaries Ratings; Upgrades North Pointe
Oct 1 2009 // A.M. Best Co. has affirmed the various financial strength ratings (FSR) and issuer credit ratings (ICR) of the operating entities of QBE the Americas, which include the New York-based QBE Re Group, the Delaware-based QBE...
Suits Against Bush Officials Challenge Personal Immunity from Rights Claims
Oct 1 2009 // Former Attorney General John Ashcroft and one of his hardline lieutenants face the rare prospect of being held personally liable for alleged violations of individuals’ rights in the aggressive aftermath of the 2001...
U.S. Risk Names Hixson Vice President and Broker in Houston
Sep 30 2009 // Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has named Jennifer Hixson a Vice President and Broker in the U.S. Risk Brokers Houston office. Hixson has more than 20 years...
U.S. Senate Panel Rejects Public Healthcare Option; More Votes Ahead
Sep 30 2009 // A U.S. Senate panel Tuesday rejected a government-run “public” insurance option as part of a broad healthcare overhaul, handing insurers an early victory and setting the stage for a long fight over one of the...
US May Target Insurers, Gasoline Imports in Iran Sanctions Strategy
Sep 30 2009 // The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear...
Ironshore Expands U.S. Distribution Network
Sep 30 2009 // Ironshore Inc. will be expanding its distribution network by establishing regional offices throughout the United States. Steven England has been appointed executive vice president of Ironshore Insurance Services,...
Sears to Pay Record $6.2 Million to Settle Employment Bias Case
Sep 30 2009 // Sears Holdings Corp. agreed to pay a record $6.2 million to settle a lawsuit by the U.S. Equal Employment Opportunity Commission that the department store retailer illegally fired disabled workers. U.S. District Judge...
At Home and Abroad, Vacated Properties Pose Greater Risk
Sep 29 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...
Ex-AIG Financial Exec Cassano Returns to U.S. As Probe Continues
Sep 29 2009 // Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the United States. Under intensifying...
