Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
It Figures
Mar 10 2008 // 100,000,000 A $100 million lawsuit claiming that NBC Universal Inc. prompted the suicide of a former Texas prosecutor who was a pedophile suspect is moving ahead after ruling by a U.S. federal judge. U.S. District Judge...
Storm Losses Blamed on Coastal Growth, Not Global Warming
Mar 10 2008 // A hurricane that hit Miami in 1926 would cause up to $157 billion in damage if it were to strike today, according to a recent study. U.S. storm costs are rising because of higher populations and wealth on the coasts, not a...
Supreme Court Rejects Allstate Challenge to Texas Repair Shop Law
Mar 10 2008 // The U.S. Supreme Court in late February 2008 rejected Allstate Corp.’s challenge to a Texas law that restricts insurance company ownership of auto collision repair shops. Allstate sought review of its case at the...
Business Moves
Mar 10 2008 // Arthur J. Gallagher, Taylor Benefits Arthur J. Gallagher & Co. has acquired Utah-based Taylor Benefits. Terms of the transaction were not disclosed. Established in 1996, Taylor Benefits offers employee benefit...
Alaska Fishing Town Braces for Court Look at Exxon Valdez Spill
Mar 10 2008 // For many in the coastal town of Cordova, Alaska, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. But...
Catlin 2007 Net up 4% to $543 Million
Mar 7 2008 // The Bermuda-based Catlin Group Limited, which does business in the UK, the Lloyd’s market and the U.S., reported a 4 percent rise in pretax net income for 2007 to $543 million, compared to $520.5 million for...
Storms’ Intensity Remains Tough to Predict, Says U.S. Hurricane Chief
Mar 6 2008 // The new head of the National Hurricane Center says the big challenge for forecasters is predicting the intensity of hurricanes. Bill Read says there’s been a lot of improvement in track models in recent years. But he...
Lloyd’s Examines Third Party Liabilities from ‘Space Junk’
Mar 5 2008 // Lloyd’s examines the potential liabilities from falling space debris, following the U.S. North American Aerospace Defense Command’s (NORAD’s) successful destruction of a U.S. spy satellite. The article on...
China to Work with WTO on Financial Info Case
Mar 4 2008 // China said on Tuesday, March 4, that it will respond through World Trade Organization channels to a case brought by the European Union and the United States over what they regard as unfair treatment of financial...
Feds Toughen Limit on Asbestos Exposure in Nation’s Mines
Mar 3 2008 // A federal limit on asbestos exposure at mining operations nationwide is now in line with the standard for other industries. A final rule issued Friday by the U.S. Mine Safety and Health Administration limits asbestos...
Judge Dismisses Ala. Contempt Case against Miss. Attorney Scruggs
Mar 3 2008 // A federal judge dismissed a criminal contempt charge against Mississippi attorney Richard “Dickie” Scruggs last week, giving the prominent lawyer one less case to worry about as he fights a more serious bribery...
U.N. Official Urges EU to Aid Developing Nations on Climate
Mar 3 2008 // The European Union should speedily work out ways to help developing nations fight global warming to avert a “Catch 22” impasse that could brake action worldwide, the U.N.’s top climate change official...
Buffett Says U.S. in a Recession; Pulls Back on Muni Bond Offer
Mar 3 2008 // Warren Buffett on Monday said the U.S. economy is in recession and that “stocks are not cheap.” Speaking on CNBC television, Buffett also said he is no longer offering to guarantee $800 million of municipal...
U.S. Judge Nixes Shareholder Suit Against Pfizer Over Failed Drug
Feb 29 2008 // A U.S. federal judge Thursday granted Pfizer Inc.’s motion to dismiss a shareholder lawsuit that alleged the company hid information and made misleading claims about a failed experimental cholesterol drug in order to...
Calif. AG Sues Feds for Jeopardizing National Forests
Feb 29 2008 // California Attorney General Edmund G. Brown Jr. and Secretary for Resources Mike Chrisman have sued the U.S. Forest Service for adopting “illegal forest management plans” that permit road construction and oil...
EEOC Sues Ore.-Based Fred Meyer Retail Chain
Feb 28 2008 // The U.S. Equal Employment Opportunity Commission has filed a sexual harassment and retaliation lawsuit against the Fred Meyer retail chain, alleging improper management practices at its Oregon City, Ore.,...
Leadership Switches at Guy Carpenter
Feb 28 2008 // Guy Carpenter & Co., the reinsurance services subsidiary of Marsh & McLennan Cos. Inc., has named a new chief executive officer and a new chairman, the company said. Peter Zaffino will assume the CEO role –...
Google to the Rescue with Electronic Medical Records System?
Feb 28 2008 // Google Inc has unveiled a plan to help U.S. patients gain control of their medical records and is working with doctors’ groups, pharmacies and labs to help them securely share sensitive health data. The long-rumored...
Aon Review Sees Harder Aviation Market
Feb 27 2008 // Aon’s “Airline Insurance Market Review of 2007” cites the “high level of hull and liability claims, at US$1.7 billion, coupled with the lowest amount of lead hull and liability premium since 2000...
Alaska Fishing Town Braces for Court Look at Exxon Valdez Spill
Feb 27 2008 // For many in the coastal town of Cordova, Alaska, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. But...
