Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
J.P. Schmidt, Hawaii, Insurance Commissioner
Sep 25 2006 // 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 world. The state’s captive insurer law already has...
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...
California company recalls bagged spinach with concerns over U.S. E. coli outbreak
Sep 25 2006 // A California natural foods company has been linked to a nationwide E. coli outbreak that has killed one person and sickened nearly 100 others. Food and Drug Administration officials said that they received reports of...
Business Moves
Sep 25 2006 // Progressive, Mass. Commercial Auto Massachusetts is about to get a new auto carrier — for commercial, not personal, lines. Progressive Insurance is awaiting approval of rate and form filings from the Massachusetts...
U.S. Risk Offers ElderCare Legal Expense Reimbursement Policy
Sep 21 2006 // U.S. Risk Underwriters has introduced a new ElderCare Legal Expense Reimbursement policy for long-term care facilities, including skilled care, assisted living and continuing care retirement communities (CCRCs). The policy...
Courts Says Ill. Independent Candidates Face Toughest Hurdles in U.S.
Sep 20 2006 // A federal appeals court declared Monday that the unusually high hurdles independent candidates for the Illinois legislature must clear to get their names on the ballot are unconstitutional. “They are the most...
PartnerRe to Publish ‘Loss Development Triangles’- Conference Call Details
Sep 20 2006 // Bermuda’s PartnerRe Ltd. will publish the Company’s Loss Development Triangles shortly after 4 p.m. EDT today, September 20, 2006. “A copy of these documents will be available on the Company’s...
Quanta Sells Environmental Business to WSP Group
Sep 19 2006 // Quanta Capital Holdings Ltd. announced that it has completed the sale of Environmental Strategies Consulting LLC (ESC) to WSP Environmental Holdings, Inc., a division of the U.K.-based management and consulting firm WSP...
California Company Recalling Bagged Spinach due to U.S. E. coli Outbreak
Sep 18 2006 // A California natural foods company was linked to a nationwide E. coli outbreak that has killed one person and sickened nearly 100 others. Supermarkets across the country pulled spinach from shelves, and consumers tossed...
E&Y Survey: 80% of EU Insurers Start Solvency II Compliance; Will Affect U.S.
Sep 15 2006 // The shoe doesn’t fall until 2010, but already, according to a survey by the Ernst & Young Global Insurance Centre, 80 percent of “major European insurance companies have already begun Solvency II (SII)...
U.S. to Require Anti-Rollover Technology on New Cars by 2012
Sep 15 2006 // New automobiles will be required to have anti-rollover technology by the 2012 model year, which should save thousands of lives annually, the government’s traffic safety agency said Thursday. “No other safety...
Hiscox USA Launches Terrorism Insurance Coverage
Sep 14 2006 // Armonk, N.Y.-based Hiscox USA, the U.S. subsidiary of Hiscox plc, will begin providing terrorism insurance in the United States. “Hiscox has over 25 years of experience in terrorism insurance and we are a global...
Best Upgrades SCOR Ratings to ‘A-‘
Sep 11 2006 // SCOR’s “Back on Track” restructuring strategy finally paid off as the French reinsurer regained its “A” rating from A.M. Best Co. The rating agency announced that it has upgraded the financial...
Best Upgrades SCOR’s U.S. Subs
Sep 11 2006 // As part of its overall rating actions on France’s SCOR Group (See related article in International section), A.M. Best Co. has upgraded the financial strength rating to “A-” (Excellent) from...
Five Years Later, House and Senate Move Port Security Measure
Sep 10 2006 // Days before the fifth anniversary of the 9/11 attacks, the U.S. Senate announced agreement on ports security legislation, hoping to approve bolstered protections before November’s elections to stop nuclear materials...
Officials: Next Terrorist Attack on U.S Not Matter of If, But When
Sep 10 2006 // The threat of terrorism against the United States remains chillingly lethal five years after 9/11, and officials predict another massive attack is not a matter of if — but when. Despite a government overhaul and more...
Best Affirms Converium’s U.S. Subs ‘Fair’ Ratings
Sep 8 2006 // A.M. Best Co. has issued a separate bulletin detailing its rating actions on the U.S. subsidiaries of Swiss-based reinsurer Converium AG, which further explains the ratings actions on the parent company, as detailed in the...
Guy Carpenter Study Shows Big Rate Increases in U.S., Mexico
Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...
Montana Firefighters Battle Bees as well as Wildfires
Sep 8 2006 // Montana firefighters battling a wildfire that has blackened nearly 290 square miles and burned 26 homes faced a new challenge, authorities said: bees. The blaze that started with lightning on Aug. 22 has forced hundreds to...
Alliant Buys U.S. Retail Business of Jardine Lloyd Thompson
Sep 8 2006 // Jardine Lloyd Thompson Group plc (JLT) said it has sold its U,S. based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services, Inc. “The sale of the retail...
