Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Former Washington Redskin Sacked on Multiple Fraud Charges; Indictment Reaches 17 Counts
Apr 15 2004 // Thomas DiBiagio, United States Attorney for the District of Maryland, announced that a federal grand jury has returned an indictment charging Ozzie Clay, 61, of Silver Spring, Md., with mail fraud, wire fraud, bankruptcy...
U.S.I. Holdings Announces Pricing of Shares
Apr 15 2004 // U.S.I. Holdings Corporation (NASDAQ:USIH) today announced that it has set the price of the public offering of 9,764,850 of its common shares at $14.72 per common share. Of those shares, 3,500,000 shares were sold by the...
ACE USA Announces Executive Appointments
Apr 13 2004 // ACE USA, a member of The ACE Group of Companies, announced key changes to the ACE USA business operations. The following appointments take effect immediately: John Lupica, president, ACE Professional Risk, has been...
U.S.I. Holdings to Acquire Los Angeles-based Dodge, Warren & Peters
Apr 13 2004 // U.S.I. Holdings Corporation (“USI”) announced that it has completed due diligence and entered into a definitive agreement to acquire Los Angeles, Calif.-headquartered Dodge, Warren & Peters Insurance...
St. Paul Travelers Unveils Enhanced Commercial Property, General Liability Product for Companies Doing Foreign Business
Apr 13 2004 // St. Paul Travelers has introduced an enhanced version of Global Companion, an international commercial property and general liability product designed to help protect U.S.-based companies from the risks associated with...
ACE USA Unveils Storm Tracker
Apr 12 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced Storm Tracker, a new insurance product that provides coverage for business losses occurring when a hurricane arrives within a...
Fla. CFO Warns About Single-Employer Trusts
Apr 12 2004 // Florida’s Chief Financial Officer Tom Gallagher is alerting employers to use caution when considering setting up a health benefit plan through a Single Employer Trust (SET) document that requires sending financial...
CIAB Proceeds to Dismiss W. Virginia Lawsuit Following State Overturn of Counter-Signature Statute
Apr 8 2004 // The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has...
GOP Introduces Asbestos Litigation Reform in U.S. Senate
Apr 8 2004 // Asbestos litigation reform legislation introduced Wednesday by Senate Majority Leader Bill Frist (R-Tenn.) and Senate Judiciary Committee Chairman Orrin Hatch (R-Utah) represents a significant step forward in the effort to...
RMS Final Winter Regional Weather Index
Apr 7 2004 // California-based Risk Management Solutions (RMS), a leading provider of products and services for the management of catastrophe risk, announced that final values for its regional weather indexes show that temperatures in...
Fla. Association of Insurance Agents Chooses ACE USA as Exclusive Provider of International P/C Insurance
Apr 7 2004 // ACE US International, a division of ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced that it has been selected as the exclusive provider of global programs and specialty insurance coverage...
Report Estimates Potential Costs to U.S. Insurance Industry from a Repeat of 1974 Tornado Super Outbreak
Apr 6 2004 // Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, announced the release of an in-depth study of potential costs to the U.S. insurance industry from a recurrence of...
HIA Names Green Industry Workers’ Comp Board
Apr 6 2004 // Hotchkiss Insurance Agency Inc. (HIA), a provider of insurance services to building contractors and specialty industries in Texas, announced that Johnette Taylor, Greg Walsh and Candy Atkins will make-up the...
Underwriting a Fast-Growing Segment: The Dream Home
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
Underwriting the Dream Home
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high value, a dream home requires special handling from property insurers. High value homes represent a growing segment of the over 81 million single-family homes in...
The Sad Case of the Mad Cow
Apr 5 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...
Underwriting Upscale Homes the Right Way
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
People and Places
Apr 5 2004 // Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee...
People and Places
Apr 5 2004 // Patrick Gallagher Patrick Gallagher was appointed president and CEO of Florida-based American Superior Holding Co. and its affiliates. Gallagher comes to American Superior with 38 years of insurance experience including...
People and Places
Apr 5 2004 // Dan Pettigrew Caliber Collision Centers, which operates collision repair facilities in California and Texas, named Dan Pettigrew as executive vice president of Operations. In this position, Pettigrew assumes responsibility...
