Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Risk Launches New Physician Med-Mal Product
Oct 2 2006 // Dallas, Texas-based U.S. Risk Underwriters, a specialty lines underwriting manager and wholesale broker, introduced a new medical malpractice insurance product for physicians practicing as medical directors in long-term...
Britain’s Royal & Sun Alliance Sells U.S. Business to Management
Oct 1 2006 // Britain’s Royal & Sun Alliance Insurance Group PLC said last week it will sell its U.S. operations to management for 158 million pounds ($298.9 million) and cancel the company’s listing on the New York...
IAG enters UK Market with Purchase of Hastings and Advantage
Sep 29 2006 // Insurance Australia Group Limited (IAG) has acquired the U.K.-based broker Hastings Insurance Services Limited, the UK’s fifth largest motor insurance broker trading under the names of Hastings Direct and Peoples...
Best Puts R&SA Ratings on Review/Positive
Sep 29 2006 // A.M. Best Co. has placed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of “a-” of the U.K.’s Royal & Sun Alliance Insurance Group plc and its...
U.S. Denies Funding for Burlington, Vt. Lead Abatement Program
Sep 29 2006 // A city lead abatement program that has been recognized nationally might have to shut down because the U.S. Department of Housing and Urban Development has denied a request for a $3 million grant. “We were very...
Hawaii’s JP Schmidt: There’s Opportunity in the Pacific
Sep 29 2006 // Hawaii may be a relatively small in size, but it hopes to reap big dividends using its geography, according to the state’s Insurance Commissioner J.P. Schmidt. Because of its location, the Aloha state is perfectly...
Optional Federal Charter Legislation Introduced in the U.S. House
Sep 28 2006 // Rep. Ed Royce (R-Calif.), a senior Member of the House Financial Services Committee, today introduced legislation that would create an optional federal charter regulatory regime for life and property/casualty insurance...
R&SA Sells U.S. Business to Arrowpoint Capital; Terminates Stock Listing
Sep 28 2006 // The U.K.-based Royal & Sun Alliance Insurance Group plc (R&SA) announced the sale of its US operation to Arrowpoint Capital, a vehicle set up by the current R&SA US management team. The Company also said it...
Supreme Court to Hear Credit Scoring Disclosure Case
Sep 27 2006 // The U.S. Supreme Court said this week it will consider several business cases during its upcoming term, including a case that could make it easier for consumers to hold insurers, banks and other businesses liable for not...
Euler Hermes Finds ‘Imbalances’ Could Slow Growth of Global Economy
Sep 26 2006 // Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive,...
Agriculture industry starved for ways to reduce terrorism targets
Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people also should pay attention closer to home — especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...
Declarations
Sep 25 2006 // Easy attack “For the life of me, I cannot understand why the terrorists have not attacked our food supply, because it is so easy to do.” –Dr. Jerry R. Gillespie, director of the Western Institute for Food...
The Commissioners
Sep 25 2006 // Hawaii:Perfectly poised for insurers in the Pacific Rim Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the...
Farmers ask U.S. Senate panel for disaster relief program in next farm bill
Sep 25 2006 // Agriculture groups told a U.S. Senate panel in Texas this month that they want the next farm bill to include disaster relief for farmers and ranchers reeling from billions of dollars lost to the drought. They shared their...
Cutting the fat in state regulation
Sep 25 2006 // Are we doing things we really should be doing from a regulatory standpoint to cut the cost of regulation? asked Property Casualty Insurers Association of America President and CEO Ernie Csiszar during the International...
Agriculture industry starved for ways to reduce terrorism risk
Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people should also pay attention closer to home—especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...
Farmers ask U.S. Senate panel for disaster relief program in next farm bill
Sep 25 2006 // Agriculture groups told a U.S. Senate panel in Texas this month that they want the next farm bill to include disaster relief for farmers and ranchers reeling from billions of dollars lost to the drought. They shared their...
Agriculture industry starved for ways to reduce terrorism risk
Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people should also pay attention closer to home–especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...
Agriculture industry starved for ways to reduce terrorism targets
Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people also should pay attention closer to home — especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...
Business Moves
Sep 25 2006 // Alliant, Jardine Lloyd Thompson Jardine Lloyd Thompson Group PLC sold its U.S.-based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services Inc. JLT said the...
