Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
ING Group Reports $2.362 Billion First Half Operating Profit
Aug 14 2003 // The Netherlands ING Group, one of the world’s largest integrated financial services companies, reported operating net profit of U.S. $2,362 million/EUR 2,068 million for the first six months of 2003, a 6.4 percent...
Hub Posts Strong Q2 Growth
Aug 4 2003 // Chicago-based brokerage Hub International Ltd. reported strong growth in the second quarter and first half of 2003, leading the company to update its earnings guidance for the full year. All financials are reported in U.S....
(Reader’s Choice) The Top 10 Golf Resorts
Aug 4 2003 // Looking for a great course to woo your next client on the fairway? Insurance Journal readers voted for their favorite golf resort…. And the results are in! We gathered reader comments as to why they voted for their...
LPGA Continues To Swing 53 Years Later
Aug 4 2003 // Fifty-three years ago, 13 young American women started something that seemed so small back then. They built it up and nurtured it with their spiked shoes and flat putters and today, what seemed like a novel idea more than...
20 States Have Enacted Tort Reforms This Year
Aug 4 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
N.C. Auto Rates Drop to Ninth-Lowest in U.S.
Jul 31 2003 // The North Carolina Department of Insurance noted that a report released by the National Association of Insurance Commissioners (NAIC) indicates that North Carolina has the ninth lowest auto insurance rates in the nation,...
U.S.I. Holdings Corp. Reports Record Q2 Results
Jul 31 2003 // San Francisco-based U.S.I. Holdings Corporation reported record financial results for the second quarter ended June 30, 2003. Net income from continuing operations for the quarter increased $5.3 million to $7.6 million...
Smith Joins Synaxis as COO
Jul 30 2003 // Synaxis Group, the commercial insurance arm of First Tennessee, announced that Robert C. Smith of Atlanta has joined the firm as executive vice president and chief operating officer. Prior to joining Synaxis, Smith was...
MS/B Says Underinsurance Problem Lessening
Jul 30 2003 // Undervaluation statistics for U.S. homeowners business have improved dramatically, according to Robert Crine, president of Marshall & Swift / Boeckh (MS/B). Crine announced the news to senior executives from the P/C...
NAII Reiterates Strong Public Policy on Civil Justice System
Jul 28 2003 // The National Association of Independent Insurers (NAII) Board of Governors reiterated its strong support of litigation reform by adopting a comprehensive policy position on the topic at its June meeting. The policy...
Aon Identifies Unconventional Threats to U.S. Corporate Balance Sheets
Jul 25 2003 // Aon Corporation released its “Report Card for the World,” identifying “unconventional threats” to the balance sheets of U.S. firms conducting business abroad. Aon Trade Credit, which annually maps...
AIA Supports Curbs on Food Lawsuits
Jul 23 2003 // The American Insurance Association (AIA) praised the “Commonsense Consumption Act” (S. 1428), introduced recently by U.S. Sen. Mitch McConnell (R-KY), as a much-needed proposal to help reform America’s...
Fla. RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
Florida RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
S&P Updates Royal SunAlliance USA Group Members
Jul 17 2003 // Standard & Poor’s commented on the members of the Royal SunAlliance USA group (RSA USA): Royal Insurance Co. of America, Royal Indemnity Co., Connecticut Indemnity Co., Security Insurance Co. of Hartford,...
IIS Conference Hears Views of Industry Leaders
Jul 17 2003 // The International Insurance Society’s 39th Annual Seminar, held at New York’s Waldorf Astoria Hotel, concluded yesterday with a gala dinner at the United Nations. Attendees heard CEO’s and top managers...
20 States Have Enacted Tort Reforms This Year
Jul 15 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
U.S. House Passage of OT Rules Reportedly Bodes Well for Insurers
Jul 14 2003 // Proposed Department of Labor regulations that were approved by the House of Representatives July 10 would reportedly clarify how employers determine who is exempt from overtime pay and should aid insurers, according to the...
Munich Re Awarded First Nationwide License in China
Jul 10 2003 // Munich Re has become the first international reinsurer to receive a country-wide composite reinsurance operating license in the People’s Republic of China from the Chinese Insurance Regulatory Committee (CIRC). The...
Fairfax Wins U.K. Court Decision in Odyssey Re Case
Jul 9 2003 // Toronto’s Fairfax Financial Holdings announced that a London court has ruled in its favor in a case brought by a subsidiary, Sphere Drake Insurance, against underwriting agents who, it alleged, fraudulently obtained...
