Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Catlin Updates Progress on Wellington Acquisition/Integration
Jan 12 2007 // Bermuda-based Catlin Group Limited has announced further details on progress relating to the acquisition and integration of Wellington Underwriting plc (See IJ web site Oct. 30, Dec. 19, 2006 and related articles). To...
Catlin US Names Presperin CFO
Jan 12 2007 // The Bermuda-based Catlin Group Limited announced the appointment of Peter Presperin as CFO of Catlin US, the group’s recently established underwriting platform in the United States. Presperin will report to Richard...
Lloyd’s Chief Says Insurers Must Take Action on Climate Change Issues
Jan 12 2007 // Insurers must address global climate change as they cope with the growing cost of extreme natural disasters, said Lord Peter Levene, chairman of Lloyd’s, the London insurance market. “We cannot risk being in...
U.S. Cities to Receive $445 Million to Protect Against Terror Attacks
Jan 11 2007 // Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff announced this...
Oregon Archdiocese reorganization plan calls for $75 million settlement
Jan 8 2007 // Settling nearly 170 claims of priest sex abuse would cost the Roman Catholic Archdiocese of Portland, Ore., about $75 million under a reorganization plan. The plan represents the first bankruptcy in the nation filed by a...
Bi-cycling
Jan 8 2007 // What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and...
Reinsurers dropping rates except for wind-prone U.S. properties
Jan 8 2007 // Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising. That is one key...
Insurance priorities for the U.S. Senate
Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Insurance priorities for the U.S. Senate
Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Mexican truck travel still limited
Jan 8 2007 // Mexican trucker Brigido Moctezuma lives in a city just south of Mexico’s border with Texas, far from talks on whether he’ll be able to drive his loads of vehicle air bags all the way to assembly lines in...
Insurance priorities for the U.S. Senate
Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Bi-cycling
Jan 8 2007 // What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and...
Insurance priorities for the U.S. Senate
Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Absence of hurricane losses proves beneficial to insurers’ bottomline
Jan 8 2007 // P/C industry posts $24.4 billion net gain on underwriting in first three quarters of 2006 Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty...
Editor’s Note: Bi-cycling
Jan 7 2007 // What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and...
Insurance priorities for the U.S. Senate
Jan 7 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Insurance priorities for the U.S. Senate
Jan 7 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...
Editor’s Note: Bi-cycling
Jan 7 2007 // What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and...
Ark. starts insurance plan for low-income workers
Jan 7 2007 // Enrollment began Dec. 20, 2006, in Arkansas for a program partly paid by Medicaid dollars that will eventually offer insurance to 80,000 low-income workers. The Associated Press reported that health officials hope the...
Oregon Archdiocese reorganization plan calls for $75 million settlement
Jan 7 2007 // Settling nearly 170 claims of priest sex abuse would cost the Roman Catholic Archdiocese of Portland, Ore., about $75 million under a reorganization plan proposed to end. The plan represents the first bankruptcy in the...
