Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Mass. Couple Charged in Glass-Eating Insurance Fraud
Apr 17 2006 // A Massachusetts man was arrested on charges that he, along with his wife, submitted false insurance claims that they had ingested glass found in food they had eaten at restaurants and grocery stores in Massachusetts, Rhode...
People
Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Managing Disasters
Apr 17 2006 // Totally ready or just terrorism ready? Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance...
CLOSER LOOK: Agribusiness
Apr 17 2006 // Farmers are adding agritainment or agro-tourism to their operations, such as using the farm for haunted houses, corn mazes, cider mills, vineyards with wine festivals and restaurants, craft shops and hay rides, among other...
News Currents
Apr 17 2006 // Top meteorologist predicts 17 named storms will form in Atlantic Basin A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic...
Business Moves
Apr 17 2006 // Aviva, Prudential “It takes two to tango,” as the saying goes, and Prudential (U.K.) apparently has no desire to dance with its larger rival Aviva Plc. It hastily rejected a £17 billion ($30 billion) offer...
Hurricane Expert: ‘The 2006 Season CAN Be Worse than 2005’
Apr 13 2006 // With more than 55 million people living in coastal communities, the nation must learn from the 2004 and 2005 hurricane seasons and prepare now for what could be a worse 2006 season than what happened in 2005, a leading...
Insurance Industry on Solid Financial Footing, But Overall Results Mask Problems in Certain Lines, Locations
Apr 10 2006 // The property/casualty insurance industry will report an increase in its capital base and an overall profitable performance in 2005, enabling it to meet the insurance needs of the growing U.S. economy, according to...
Scotland-based Giles Insurance Brokers Open 1st U.S. Office in Chicago
Apr 7 2006 // Giles Insurance Brokers, Scotland’s largest independent insurance broker, announced the opening of its first American office in the Chicago area. According to its written statement, Giles US Insurance Brokers, based...
State Farm Goes Hollywood with Sponsorship of Major Film Production
Apr 6 2006 // Bloomington-Ill.-based State Farm Insurance has announced that it is the first property and casualty insurer to be a sponsor of a major film promotion. State Farm will play a major role in introducing the public to CARS,...
Declining Rates, Increasing Demand Fuel Stand-Alone Terrorism Market
Apr 6 2006 // With the exception of a few notorious hotspots, overall rates for stand-alone terrorism insurance have dropped by 40-50 percent since 2002, according to an update on the market by Aon’s Crisis Management Division....
Hagerty Collector Car Network Launches New U.K. Affiliate
Apr 5 2006 // The Hagerty Collector Network announced the continued expansion of its collector car specialty program with the launch of its new U.K. insurance affiliate, Hagerty International Ltd. The new Company will provide...
U.S. Sens. Sununu, Johnson to Unveil Optional Federal Charter Plan Today
Apr 5 2006 // United States Senators John Sununu (R-N.H.) and Tim Johnson (D-S.D.) are scheduled to outline their proposal to allow life and property/casualty insurers to choose federal rather than state charters under an...
Senators Introduce Optional Federal Charter Legislation
Apr 5 2006 // Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators today unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation...
JLT Expands Lloyd’s Security/Privacy; Adds U.S. E&O Tech Coverage
Apr 4 2006 // JLT Risk Solutions Ltd;, part of London-based global broker Jardine Lloyd Thompson Group plc, announced a significantly expanded insurance program within the Lloyd’s of London market “to provide security and...
Top Meterologist Predicts 17 Named Storms Will Form in Atlantic Basin
Apr 4 2006 // A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much more active than the average 1950-2000...
People and Places
Apr 3 2006 // Lighthouse Underwriters, an Anandale-Va.-based program underwriting company, announced that Sean Gormley has been promoted to senior vice president. In this position he will be responsible for the day-to-day operations at...
Take the pollution out of your D&O policy
Apr 3 2006 // Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report...
Take the pollution out of your D&O policy
Apr 3 2006 // Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report...
Totally ready or just terrorism ready?
Apr 3 2006 // Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance Information Institute, posed that...
