Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Top Trial Lawyer Cauley Pleads Guilty to Fraud in Insurance Case
Jun 1 2009 // An Arkansas lawyer who rose to prominence in lucrative securities fraud class-action litigation pleaded guilty on Monday to charges of stealing more than $9 million of client money. Lawyer Steven Eugene Cauley told U.S....
Business Moves
Jun 1 2009 // AIG American International Group agreed to sell its prime real estate holding in Tokyo for approximately $1.2 billion in cash to Nippon Life Insurance Co. The property consists of one acre of land on which The AIG Otemachi...
Panama Moving Slowly on Making Tax Haven Law Changes
Jun 1 2009 // Panama’s ruling party is unlikely to pass tighter tax legislation seen as key for the signing of a U.S. free-trade deal before President Martin Torrijos steps down on July 1, legislators said this week. A bilateral...
Increase Traffic to Your Internet ‘Real Estate’
Jun 1 2009 // Enhance Your Agency’s Online Visibility Through Search Engine Optimization Nearly half of the United States — more than 163 million people — are using the Internet, according to a recent Nielsen poll. And they...
Declarations
Jun 1 2009 // Undue Stress “The pending sale could create undue stress on our workers’ compensation system. We will fight every step of the way to ensure Ohio’s self-insured employers and their workforce are...
Obama Financial Reform Plan Faces Tough Road Ahead
May 31 2009 // The Obama administration’s ambitious draft plan to redraw U.S. financial regulation has been panned by banking groups, setting the stage for a bruising months-long battle among lawmakers and federal agencies. Signs...
U.S. Has Paid $1 Billion in Claims to Tennessee Nuclear Workers
May 28 2009 // The government has paid out more than $1 billion in claims to 9,134 Tennesseans made ill from working in the nuclear weapons facilities at Oak Ridge during the Cold War. The Labor Department announced the latest tally,...
Administration Debating Powers of Proposed Systemic Risk Regulator
May 28 2009 // The Obama administration is weighing if a new systemic risk regulator should have the power to conduct on-site examinations of banks, broker-dealers and other market players suspected of posing a threat to the U.S....
Greenland Ice Sheet Melt Could Fuel Severe US Sea Level Rise
May 28 2009 // New York, Boston and other cities on North America’s northeast coast could face a rise in sea level this century that would exceed forecasts for the rest of the planet if Greenland’s ice sheet keeps melting as...
U.S. Supreme Court to Hear Merck Appeal on Reinstated Investor Lawsuit
May 27 2009 // The U.S. Supreme Court said Tuesday that it would hear an appeal by Merck & Co. Inc. of a ruling that reinstated a securities fraud lawsuit involving the company’s disclosures to investors about its withdrawn...
France, Germany Urge More Flexible Climate Pact
May 26 2009 // France and Germany suggested on Monday that rich nations should collectively guarantee deep cuts in greenhouse gases by 2020 while giving flexibility to laggards such as the United States to catch up later. France said the...
World Economy Stabilizing, Says Krugman
May 26 2009 // The world economy has avoided “utter catastrophe” and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday. “I will not be surprised to see...
Forecasters Predict Average 2009 Hurricane Season
May 21 2009 // The 2009 Atlantic hurricane season will be fairly average with as many as seven hurricanes expected to form, U.S. government forecasters predicted Thursday. The National Oceanic and Atmospheric Administration forecast nine...
Coastal Insurance Rates Could Rise if Federal Tax Law is Enacted
May 21 2009 // As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA) – which provides coverage for high risk coastal properties – has ended up at the brink of...
U.S. Financial Product Safety Commission Proposal Still on Table
May 20 2009 // The Obama administration is studying a long-discussed proposal to create a U.S. agency that would protect consumers who buy financial products, possibly as part of a major package of reforms, congressional aides said on...
Ratings Recap: Echelon, Calabash Re III
May 20 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb+” of Canada’s Echelon General Insurance Company. Best also affirmed the ICR of...
Cunningham Lindsey U.S. CEO: Market Conditions Not Slowing Growth
May 20 2009 // With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property...
Supreme Court to Hear Challenge to Sarbanes-Oxley
May 19 2009 // The Supreme Court said Monday it would decide a constitutional challenge to the 2002 law that created a national board to oversee U.S. public company auditors. The justices agreed to review a ruling by a U.S. appeals court...
The Hartford’s Wolin Confirmed as U.S. Treasury Deputy Secretary
May 19 2009 // Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the...
AIG Launches IPO Process for Asian ‘Crown Jewel’
May 18 2009 // American International Group said it would accelerate plans to separate its Asian subsidiary through an initial public offering as the bailed-out U.S. insurer seeks to raise cash and list the unit as soon as possible. The...
