Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
Excess flood insurance — when the federal plan isn’t sufficient
Aug 7 2006 // The lessons learned from Katrina and Rita and predictions of a future with bigger and stronger storms highlight more than ever the importance of flood insurance, even in locations where it was previously thought...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
U.S. Corps finds some Sacramento levees not up to standard
Aug 7 2006 // The U.S. Army Corps of Engineers has withdrawn its endorsement of levees protecting parts of Sacramento, reversing a 1998 evaluation that has facilitated a construction boom in the Natomas area. In a letter released to The...
Insuring energy risks for profit isn’t getting any easier
Aug 7 2006 // Recent experiences need to be translated into quality underwriting standards for the future Underwriting energy risks is not for the faint-hearted, even during the best of times. The nature of these risks (with high...
Is the U.S. prepared for a cyber catastrophe? Business executives say, ‘no’
Aug 7 2006 // Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance...
Growth in retail shopping centers a boon for insurance brokers
Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...
Protecting your most valuable assets overseas
Aug 7 2006 // Foreign voluntary workers’ compensation, kidnap & ransom, and accident coverage help mitigate losses A business has many valuable assets, but perhaps none as critical to success as its employees. Businesses...
Congressional hearing held on terrorism and insurance
Aug 7 2006 // Agents, risk managers and insurers press Congress for long-term TRIA solution Two U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security...
NEARLY 29% OF EMPLOYEES UNPRODUCTIVE
Aug 7 2006 // Nearly 29 percent of company time in America is unproductive, according to the results of a new study by management consulting firm, Proudfoot Consulting. The estimated cost of poor productivity in the U.S. is $598 billion...
Best’s 2006 European review highlights common industry concerns
Aug 7 2006 // For the insurance industry, global controversies tend to obscure some equally important debates going on in smaller forums around the globe. The principal controversy in the U.S. revolves around state vs. federal...
Get your motor runnin’ – not stolen
Aug 7 2006 // California topped the nation in motorcycle thefts in 2005, according to the National Insurance Crime Bureau, but Texas had the dubious honor of coming in third place, with Florida falling in between the two as the state...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // The marine market, although not immune to severe weather and other catastrophic occurrences, has not suffered to the extent of the mainline commercial property sector. A recent Wall Street Journal story proclaimed,...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // The marine market, although not immune to severe weather and other catastrophic occurrences, has not suffered to the extent of the mainline commercial property sector. As such, industry players have sought to fill gaps in...
Business Moves
Aug 7 2006 // Cooper Gay & Cashman, Cooper Gay Intermediaries Independent reinsurance brokers, Cooper Gay (Holdings) Ltd., headquartered in London, renamed its U.S. domestic treaty operation Cooper Gay Intermediaries LLC. Based in...
Insuring energy risks for profit isn’t getting any easier
Aug 7 2006 // Underwriting energy risks is not for the faint-hearted, even during the best of times. The nature of these risks (with high concentration of values, highly flammable substances, harsh operating conditions, often in hostile...
Nearly 29% of employees unproductive
Aug 7 2006 // Nearly 29 percent of company time in America is unproductive, according to the results of a new study by management consulting firm, Proudfoot Consulting. The estimated cost of poor productivity in the U.S. is $598 billion...
Best’s 2006 European review highlights common industry concerns
Aug 7 2006 // For the insurance industry, global controversies tend to obscure some equally important debates going on in smaller forums around the globe. The principal controversy in the U.S. revolves around state vs. federal...
Protecting your most valuable assets overseas
Aug 7 2006 // A business has many valuable assets, but perhaps none as critical to success as its employees. Businesses depend on their senior management, leading sales executives and other top talent to guide the company, plan for the...
Congressional hearing held on terrorism and insurance
Aug 7 2006 // News Currents Two U.S. House subcommittees-the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk...
