Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. House Passes OSHA Changes for Employers
May 20 2004 // Employers could get more time to challenge citations by the Occupational Safety and Health Administration and more companies could recoup lawyers’ fees under a set of House bills that would make employer-friendly...
Swiss Re Sees U.S. Economy Strengthening
May 20 2004 // Swiss Re’s seventh survey of economists’ opinions of the U.S. economy found that there is far less concern over drastic declines in equity markets and the value of the dollar, but fears of inflationary...
U.S. Investment Slowing in Europe Says RiskProNet Conference Speaker
May 19 2004 // Net U.S. investment in Europe has slowed considerably in the past decade, J. Bradford DeLong, professor of economics at the University of California at Berkeley, told directors of RiskProNet International Inc., at recent...
PIA Calls on All State Departments to Protect Returning U.S. Soldiers from Rate Hikes, Coverage Denials
May 19 2004 // The National Association of Professional Insurance Agents (PIA) on Wednesday called on the commissioners of insurance in all 50 states to immediately make it clear that no insurance company should deny auto coverage to...
Insurers Urge Senate Panel to Extend TRIA
May 18 2004 // Congress should act this year to extend the Terrorism Risk Insurance Act (TRIA) for two years beyond its Dec. 31, 2005, expiration date because the private market alone cannot deal with further catastrophic terrorist...
Lloyd’s to Donate $300,000 to NAPSLO Education Fund
May 18 2004 // Lloyd’s announced that it will donate $300,000 to the Derek Hughes/NAPSLO Educational Foundation, Ltd. to encourage the educational development of students and professionals interested in the excess and surplus lines...
U.S.I. Holdings Corp. Teams with Boston Celtics as Official Risk Management Partner
May 18 2004 // U.S.I. Holdings Corp. announced a multi-year partnership naming USI the official risk management partner of the Boston Celtics. Under this agreement, USI will exclusively provide the Celtics with all risk management...
AIR 2004 U.S. Hurricane Model Certified by Fla. Commission for 8th Straight Year
May 17 2004 // AIR Worldwide Corporation (AIR) announced the certification of its 2004 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology. For the eighth consecutive year the AIR model has been...
The Costly Reality: 10 Myths of the Uninsured
May 17 2004 // If members of Congress want to make a “serious dent” in reducing the number of Americans without health insurance, they will have to “claim and redirect a considerable amount of public resources,”...
RIMS Report: Commercial Insurance Buyers Look Forward to Lower Prices
May 17 2004 // As thousands of risk management professionals, carrier executives, vendors and industry watchers gathered at the Risk and Insurance Management Society’s annual conference in San Diego, last month, there was only one...
Defense Base Act Workers’ Comp
May 17 2004 // Nuts & Bolts: ACE U.S. International is offering coverage for Defense Base Act (DBA) workers’ comp exposures for prime contractors and subcontractors performing public works contracts overseas that have been...
The Sad Case of the Mad Cow
May 17 2004 // The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States...
Reports Find Wide Range of Auto Rates Across U.S.
May 17 2004 // Two recently released studies on trends in automobile insurance rates show a wide variation in the cost for coverage across the nation. At first glance, they also seem to show a big discrepancy in their findings. It turns...
Taking the Risk: Protecting Your Clients with Political Risk Insurance
May 17 2004 // Over the past three decades, 80 percent of the terrorist attacks against the United States have been directed against American businesses in foreign locations. In 2001, about 400 American businesses were attacked. Compared...
All the World’s a Market for Rekerdres & Sons
May 17 2004 // Texas agency insures nearly half of the nation’s cotton exports. Ted Rekerdres never intended to go into the insurance business, but an effective sales job by his father “Rek” Rekerdres, who established...
Primary Group Forms U.S. Distribution Team
May 14 2004 // Primary Group, a Bermuda-based insurance distribution company that has been developing its insurance business in the United States, has announced the formation of Primary Group Incorporated (PGI). Creation of the new U.S....
R&SA Restructuring Reduces Revenues, But Strengthens Overall Financial Condition
May 13 2004 // The U.K.’s Royal & Sun Alliance announced first quarter figures that broadly reflect its ongoing restructuring efforts. Under the direction of Andy Haste, who took charge of Britain’s second largest...
CARH Praises House Vote on Med-Mal Reform
May 13 2004 // The Coalition for Affordable and Reliable Health Care (CARH) applauded the U.S. House of Representatives for passing a medical malpractice liability reform package as part of its “Cover the Uninsured Week” and...
S&P Report: Property Catastrophe Reinsurance Shows Good Year, Despite Higher Losses
May 13 2004 // Despite higher insured catastrophe losses in the U.S. in 2003, companies writing property catastrophe reinsurance realized very strong operating performance, according to a report published by Standard & Poor’s...
RMS U.S. Hurricane Model Re-Certified by Fla. Commission in Establishing Residential Rates
May 12 2004 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified the RMS Hurricane model for use in establishing residential insurance rates...
