Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Scientists Predict $200B in Damage from Southern California Earthquake
May 22 2008 // The U.S. Geological Survey (USGS) and the California Geological Survey (CGS) have jointly published a report detailing a hypothetical scenario the impact a 7.8 magnitude earthquake — similar to the recent earthquake...
Judge: Evidence Showed Greenberg Phone Call in AIG/General Re Case
May 21 2008 // A U.S. judge who oversaw the trial of executives accused of helping American International Group Inc. inflate reserves said there was sufficient evidence to show the conspiracy started with a phone call from the...
Proposals Issued for WTO Doha Deal
May 20 2008 // Mediators in the core agriculture and industrial goods negotiations at the World Trade Organization (WTO) issued new proposals on Monday, clearing the way for a meeting of ministers to clinch an outline trade deal. The...
U.S. Insurers Face Uphill Battle to Alter Foreign Insurers’ Tax Break
May 19 2008 // A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful Hillary Clinton, it faces a harder task convincing...
Insurers Market Private Workers’ Comp on U.S. Defense Projects
May 19 2008 // As the need for U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. Contracts for insurers wanting to...
A.M. Best: Credit Woes May Cause Turbulence in Catastrophe Markets
May 19 2008 // The credit crunch in the U.S. financial markets that boiled over after the subprime mortgage meltdown may affect the ability of insurers and reinsurers that cover coastal areas to raise cash for claims if a major hurricane...
Trucking Under the Influence
May 19 2008 // Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or...
October Trial Date Set for La. Legislator in Insurance Fraud Case
May 19 2008 // A federal judge set an Oct. 6 trial date for a Louisiana legislator charged with helping launder money for a woman accused of illegally selling insurance. Sen. Derrick Shepherd, who was indicted in April, did not appear in...
Defense Base Act: Doing Business Outside the Box
May 19 2008 // As the need for and presence of and U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. As such, the...
Insurers Market Private Workers’ Comp for U.S. Defense Projects
May 19 2008 // The Defense Base Act sets forth the benefits due private sector employees injured while working overseas As the need for U.S. government foreign-based support personnel increases, so does the need for workers’...
Defense Base Act: Business Outside the Box
May 19 2008 // As the need for and presence of U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. The opportunity to...
Trucking Under the Influence
May 19 2008 // Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or...
Defense Base Act: Doing Business Outside the Box
May 19 2008 // Dealing with wartime issues and associated complications is a major factor in doing business in far-flung hotspots. As the need for and presence of U.S. government foreign-based support personnel increases, so does the...
People
May 19 2008 // Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on...
Senate Rejects Adding Wind Coverage to Flood Insurance Program
May 19 2008 // The U.S. Senate officially rejected a bid by Gulf state senators to add wind coverage to the financially strapped federal flood insurance program. Lawmakers from Louisiana and Mississippi cited problems that occurred after...
Trucking Under the Influence
May 19 2008 // Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or...
Catlin Q1 Results in-Line with Forecasts
May 16 2008 // The Bermuda-based Catlin Group Limited, which also does business in the U.S. and the Lloyd’s Market, has released an interim earnings statement, following the Company’s Annual General Meeting, indicating that...
WTO Tells U.S to Cut Trade Barriers, Improve Exports
May 16 2008 // The United States should cut barriers to its markets to help it tackle economic turmoil, and boost exports to deal with its current account deficit, the Geneva-based World Trade Organization (WTO) said. Further adjustment...
N.Y. County to Contractors: Prove Workers Are in U.S. Legally
May 16 2008 // A new law has been passed requiring all of Suffolk County’s (New York) 17,000 licensed contractors to prove their workers are in the United States legally. Critics claim the legislation — passed by the county...
House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs
May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...
