Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Ready, set … recall
May 8 2006 // Product recalls pose financial, logistical and communication challenges Part 1 of a two-part series on Product Recall. Protecting consumers is the number one priority in a product recall. The challenge is whether it can be...
Lloyd’s sees 1906 San Francisco earthquake as a turning point
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...
U.S. Senate panel advises scrapping, then rebuilding, FEMA
May 8 2006 // The United States’ disaster response agency should be abolished and rebuilt from scratch to avoid a repeat of government failures exposed by Hurricane Katrina, a Senate inquiry has concluded. Crippled by years of...
International product exposures can hit business here, there and everywhere
May 8 2006 // It takes only a brief glance through a newspaper in the United States to see that multimillion dollar jury awards have become a fact of life in products liability cases. But U.S. companies doing business overseas need to...
Sound risk management, investment plus for insurers
May 8 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to Insurance Services Office (ISO) and the Property Casualty Insurers...
Delmarva poultry industry criticizes federal avian flu planning
May 8 2006 // News Currents The federal government could learn a thing or two from the Delaware- Maryland-Virginia area poultry industry about how to prepare for an outbreak of avian flu, according to the Delmarva industry officials. In...
READY, SET..RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For large and small consumer goods manufacturers and distributors, recalls can cost...
lll. Attorney General, 38 others, oppose health plan pending in U.S. Senate
May 8 2006 // Illinois Attorney General Lisa Madigan sent a letter at the end of April to U.S. Senate members urging them to oppose a bill that would dramatically change the health insurance marketplace by preempting state-mandated...
Mayfield: ‘2006 hurricane season CAN be worse than 2005’
May 8 2006 // With more than 55 million people living in coastal communities, the nation must learn its lesson from the 2004 and 2005 hurricane seasons and prepare now for what will happen after June 1, according to Max Mayfield,...
Ready, set … recall
May 8 2006 // Part 1 of a two-part series on Product Recall. Protecting consumers is the number one priority in a product recall. The challenge is whether it can be done without crippling the business. For large and small consumer goods...
U.S. Senate panel advises scrapping, then rebuilding, FEMA
May 8 2006 // News Currents The United States’ disaster response agency should be abolished and rebuilt from scratch to avoid a repeat of government failures exposed by Hurricane Katrina, a Senate inquiry has concluded. Crippled...
Lloyd’s sees 1906 San Francisco earthquake as a turning point
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...
Pa. Meat Company Settles Listeria Suits
May 7 2006 // Pilgrim’s Pride Corp. has settled four wrongful-death or injury lawsuits involving the deadly 2002 listeria outbreak that was linked to one of its plants, the meat company announced. The second food company tied to...
XL Announces Global Risk Conferences in Germany, U.S.
May 5 2006 // Bermuda’s XL Capital Ltd. announced that it will host two global risk conferences on the theme “One World Without Borders.” The first will be held on May 10-11 in Berlin, Germany, and the second on...
Swiss Re Hybrid Capital a Success
May 5 2006 // Swiss Re said it is “is on track to complete its external financing for the acquisition of GE Insurance Solutions with the successful placement of $2.0 billion equivalent of hybrid capital securities.” The...
U.S. Report on Climate Change Finds ‘Substantial Human Impact’
May 4 2006 // A large majority of meteorologists, scientists and other researchers now agree that global climate change is a reality backed up by well-documented findings of higher temperatures in the world’s oceans and...
Kingsway Q1 Net Income Falls to $28.9 Million on Investment Losses
May 4 2006 // Toronto-based truck and non-standard auto insurer Kingsway Financial Services Inc. announced its financial results (in U.S. dollars) for the first quarter ended March 31, 2006. Although net operating income increased by 11...
Crawford Reports 140 Percent Increase in Q1 Earnings Per Share
May 2 2006 // Atlanta-based Crawford & Company, an independent provider of claims management solutions to insurance companies and self-insured entities, has a 140 percent increase in first quarter earnings per share in its...
Washington Democrats File Federal Complaint against Senate Contender
May 2 2006 // Washington Democrats have asked the Federal Elections Commission to investigate U.S. Senate challenger Mike McGavick’s $17 million “golden parachute” from Safeco Insurance Co. McGavick’s campaign...
Audit ‘Not Completed’ Says Max Re; Estimates Q1 Net at $74.2 Million
May 2 2006 // Bermuda-based Max Re Capital Ltd. announced that the Audit and Risk Management Committee has not yet completed its previously announced internal investigation. “Consequently, KPMG, the Company’s auditors, have...