Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Puerto Rico Appeals Window on Countersignature Law Expires
Jul 5 2006 // The Commonwealth of Puerto Rico failed to file a timely appeal of a ruling by the U.S. Court of Appeals for the First Circuit, meaning an earlier federal court decision striking down Puerto Rico’s controversial...
News Briefs
Jul 4 2006 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
AVRECO’s Borderline Med-Mal Market
Jul 4 2006 // Chicago-based wholesaler AVRECO has a new medical liability insurance market for borderline nonstandard physicians and surgeons. It’s geared toward doctors on their way to a standard market, but who haven’t...
News Currents
Jul 3 2006 // The virtual, global economy challenges, humbles insurance leaders Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to...
Insuring Indian country
Jul 3 2006 // Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance,...
Insuring Indian country
Jul 3 2006 // Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance,...
Lawyers Overseeing Layers
Jul 3 2006 // No country has as many lawyers as the United States — more than 152,000 in California alone — three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to order...
The virtual, global economy challenges, humbles insurance leaders
Jul 3 2006 // Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of unfamiliar risks ahead...
English Football League Wins Token Damages in TV Suit
Jun 29 2006 // The Football League recently won token damages of 4 pounds (euro5.82; US$7.35) against the law firm that advised it on a disastrous television deal, but faces a bill for an estimated 5 million pounds (euro7.3 million...
Bogardus Named 2006 IMCA Golden Torch Award Recipient
Jun 28 2006 // In recognition of his lifelong contributions to the insurance industry, the Insurance Marketing Communications Association (www.imcanet.com) awarded its Golden Torch Award to John A. (Jack) Bogardus, Jr. Bogardus, former...
U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%
Jun 28 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key...
Durham, N.C. Resident Sentenced to 12-and-a-Half Years; Must repay $8.3M
Jun 28 2006 // Steve Edwards of Durham, N.C. has been sentenced to 12-and-a-half years in prison in an insurance fraud case that left North Carolinians with unpaid workers’ compensation and health insurance claims estimated in...
Provider Asks for Clarification on Florida Freedom to Travel Bill
Jun 27 2006 // Independent agents that sell travel insurance will be interested in the outcome of Florida’s Freedom to Travel Bill, HB299, but the Travel Assist Network, asked for clarity in a debate about the differences between...
Lloyd’s Chairman Tells ALM Conference More Efforts Needed
Jun 26 2006 // Lloyd’s Chairman, Lord Peter Levene, described a bright future, but one that needs work to be achieved, for those attending the 2006 conference of the Association of Lloyd’s Members (ALM) last week. He stressed...
Franklin Named Endurance U.S. VP
Jun 23 2006 // Bermuda-based Endurance Specialty Holdings Ltd. announced that its U.S. reinsurance subsidiary, Endurance Reinsurance Corporation of America (Endurance Re) has hired Darrell E. Franklin as Senior Vice President. Franklin...
U.S. Supreme Court Backs Worker in Retaliation Claim Against Employer
Jun 23 2006 // The Supreme Court has affirmed a jury award for a Tennessee forklift operator who was transferred to a more physical job after she filed a lawsuit accusing her employer of sexual harassment. By a 9-0 vote, justices said...
U.S. Supreme Court Won’t Hear Holocaust Claim Case
Jun 22 2006 // The U.S. Supreme Court has rejected an appeal from Holocaust survivors in the U.S. who claim they have been cheated out of a fair share of a $1.25 billion settlement over looted assets. Justices had been asked to review a...
Ind. Agency Requires U.S. Citizenship Proof to Receive Medicaid Benefits
Jun 22 2006 // A state agency is ready to begin requiring proof of U.S. citizenship before residents can receive Medicaid services. The new step, which takes effect July 1, is mandated by the federal government under a budget-cutting...
Heads up on workplace bullying
Jun 19 2006 // From the playground to the classroom to the office — bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how...
U.S. COMMERCIAL INSURERS EARN BIG
Jun 19 2006 // At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial...
