Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Watchdog Group Questions Blue Cross of N.C.’s U.S. Open Expenses
Jun 17 2005 // ProCare.org, a watchdog company for Blue Cross Blue Shield Insurance in North Carolina has released paperwork indicating that the company has spent close to $500,000 to support the U.S. Open. “While the golfers are...
ACE USA Notes New Appointments in ACE International Advantage
Jun 10 2005 // ACE USA, the U.S.-based retail division of The ACE Group of Companies, announced two appointments in its International Advantage unit. Alfred Bergbauer has been named senior vice president, ACE USA International Advantage,...
U.S. Reinsurance Stability ‘Dependent on Parental Support,’ Says S&P
Jun 8 2005 // Standard & Poor’s Ratings Services new assessment of the outlook on the U.S. reinsurance sector finds that it continues to be stable (See related article in “National “), “but only because of...
S&P Mid-Year 2005 Report on Outlook for U.S. Reinsurers – Sector Stable, “But Only Because Of Parental Support”
Jun 8 2005 // Standard & Poor’s Ratings Services has issued its assessment on the U.S. reinsurance sector, which concludes that it remains stable, even though there have been declines in pricing. S&P notes: “The...
U.S. District Court Judges Order Two S. Floridians to Reimburse FEMA
Jun 8 2005 // Quiana Riggins and Lesley Johnson were ordered yesterday by the U.S. District Court in Miami to repay the Federal Emergency Management Agency for funds they received after filing false hurricane damage claims. Riggins and...
Gold Seal Risk Management Launches in U.S.
Jun 8 2005 // Gold Seal Risk Management Services (www.goldsealcorp.com), formed in Australia in 1995 to provide risk management and advisory consulting services to general insurance intermediaries, has expanded its services to the...
Susan Kearney
Jun 6 2005 // Mark Hagan Gerald O’Neill Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice...
Killer Tsunamis and the Marine Insurance Market
Jun 6 2005 // Early in the morning on Dec. 26, 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 miles long. The energy released was on par with a 50-kiloton...
People
Jun 6 2005 // Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice president of Venture Hospitality,...
For Boat Owners and the Agents Who Write Them, Location and Experience Matter
Jun 6 2005 // There were more than 17.6 million recreational boats in use in the United States in 2004, and an estimated 69 million people involved in boating activities, according to the National Marine Manufacturers Association. Since...
The British Are Coming! No – They’re Already Here
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
AIA Backs U.S. Trade Negotiators for Advancing Export, Trade Initiatives at the WTO
Jun 3 2005 // The American Insurance Association (AIA) on Friday strongly endorsed crucial steps taken by U.S. trade negotiators that will open global insurance markets and improve insurance regulation in many countries. “The...
La. Police Officer Arrested for Alleged Ins. Fraud
Jun 3 2005 // The Louisiana State Police reported that its insurance fraud unit and the Federal Bureau of Investigation recently arrested a Marksville city police officer after a lengthy investigation into an alleged insurance fraud...
S&P: Personal Lines Sector Outlook Stable Despite Market Softening
Jun 2 2005 // After experiencing its worst catastrophe losses ever (about $27 billion) in 2004, the U.S. personal lines insurance sector is showing signs of entering into a softer cycle than the hard one that has dominated the industry...
Reseda Broker Pleads Guilty to Forgery
May 30 2005 // The California Department of Insurance Investigations Division announced that insurance broker Sajjad Hussain Shaikh, 36, also known as Adam Shaikh, of Reseda, California has pled guilty to one count of forgery. Shaikh was...
JLT Forms U.S. Unit for Emerging Market Risks
May 30 2005 // The Houston office of international insurance broker Jardine Lloyd Thompson LLC announced that it has created a new division to meet the needs of U.S.-domiciled clients engaged in business in the world’s emerging...
N.Y. Lawyer Involved in Frankel Insurance Scheme is Sentenced
May 27 2005 // Kevin O’Connor, United States Attorney for the District of Connecticut, announced that Thomas Bolan, 80, of Flushing, New York, was sentenced this week for his role in Martin Frankel’s multi-million dollar...
Reseda Broker Pleads Guilty to Forgery
May 26 2005 // The California Department of Insurance Investigations Division announced that insurance broker Sajjad Hussain Shaikh, also known as Adam Shaikh, of Reseda, California has pled guilty to one count of forgery. Shaikh was...
NAMIC: Statutory Remedies to Curb Fraud Abuse Spreading Across U.S.
May 25 2005 // To combat insurance fraud that costs consumers an average of $200-300 per year, 40 states have established entities responsible for oversight of related investigations and prosecution efforts, according to an analysis by...
Senate Port Security Hearing Looks at Attention on Need for Federal Terrorism Insurance Mechanism
May 25 2005 // A Senate Homeland Security Subcommittee hearing set for Thursday, May 26, is the latest in a series of Capitol Hill examinations of port security and the potential economic harm terrorists can cause. These hearings clearly...
