Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

ACE USA Business Aviation to Join with U.S. Aircraft Insurance Group

Jan 4 2002 // ACE USA announced that it has become a member company of the USAIG aviation pool. Under the agreement, future ACE USA Business Aviation accounts for corporate aviation, non-critical products, pleasure and business aircraft...

The Night Before Christmas – 2001 Version

Dec 25 2001 // ‘Twas the night before Christmas and all over Europe a scrambling of F-16’s could be heard, as an unidentified flying object hurtled at astounding speeds through the night skies. First spotted over Russia and...

Welcome to the 3rd Annual “Top Ten Stories of the Year”

Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...

The World’s New Respect for the U.S.

Dec 24 2001 // Remarkably few events are timed precisely enough to shift the focus of an entire nation. In the last century only three come immediately to mind—August 1914, October 1929 and December 1941. While change is the only true...

The World’s New Respect for the U.S.

Dec 17 2001 // Remarkably few events are timed precisely enough to shift the focus of an entire nation. In the last century only three come immediately to mind—August 1914, October 1929 and December 1941. While change is the only true...

NAFTA: Proceed, but with Caution

Dec 17 2001 // The problems swirling around the twin issues of safety and insurance with regards to allowing commercial trucks from Mexico free access to U.S. highways are as thorny as a prickly pear cactus. The U.S. House of...

Top 10 Stories of 2001

Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...

Texas Defendants Must Pay $26 Million for Defrauding State Farm

Dec 17 2001 // In Houston, U.S. District Judge Melinda Harmon ordered four defendants accused of defrauding State Farm Insurance by making false claims in hundreds of staged auto accidents to pay damages to the tune of $26...

Firstar Changes Name to U.S. Bancorp

Dec 14 2001 // Minnesota-based Firstar Investment Services and Firstar Insurance Services are now U.S. Bancorp Investments and U.S. Bancorp Insurance Services. These are the first business lines to make the name change from Firstar to...

AIA Commends House in Passing Trade Promotion Authority Legislation

Dec 10 2001 // The American Insurance Association (AIA) commended the U.S. House of Representatives for passing legislation to grant Trade Promotion Authority (TPA) to the President. “This legislation is important to insurance...

Cost of Risk Declines for Second Consecutive Year

Dec 10 2001 // For the second consecutive year, the overall cost of risk declined to the lowest point in over a decade, according to the newly released 2001 RIMS Benchmark Survey®. The 200-page survey, co-produced by the Risk and...

U.S. Chamber of Commerce Highlights Need for More Affordable, Reliable Options

Dec 10 2001 // The United States Chamber of Commerce has highlighted the need for more affordable and reliable insurance options to help businesses cope with increased risks, releasing a survey showing business owners are concerned that...

From Promotions to Sport Pros, Special Events Insurance Covers it All

Dec 10 2001 // During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based...

Weather Derivatives Offer New Solutions to an Old Problem

Dec 10 2001 // The market in weather derivatives has really developed over the last five years,” said Diego Wauters, executive director and global head of SG Insurance and Weather Derivatives, a specialized division of French Bank...

A Teutonic Call For ‘Unconditional Rethinking’ on Political Risk

Dec 10 2001 // The ramifications of the Sept. 11 terrorist attacks on the insurance industry are becoming more and more apparent. While the attacks are portrayed as the worst ever on U.S. soil, the repercussions continue to affect...

AIG, U.S. Chamber of Commerce Announce Initiatives

Dec 6 2001 // American International Group, Inc. (AIG) and the United States Chamber of Commerce announced a number of initiatives to provide Chamber members with comprehensive resources to obtain business insurance and employee...

ING To Restructure U.S. Operations

Dec 6 2001 // Holland’s ING Group, in a move to trim costs and to further integrate its Aetna and ReliaStar acquisitions, announced further restructuring of U.S. operations, including the projected loss of some 1600 jobs, 15...

Safety Concerns Resolved: NAFTA Proposal Gets Green Light

Dec 3 2001 // The National Association of Independent Insurers (NAII) is pleased that the compromise legislation that would allow Mexican trucks into the United States under the North American Free Trade Agreement (NAFTA) addresses the...

Experts Differ on Loss Figures for Queens Air Tragedy

Dec 3 2001 // The crash on Nov. 12 of American Airlines (AA) Flight 587, an Airbus A-300-600, with the loss of all 260 people on board and 5 on the ground, shocked New Yorkers and the rest of the nation. Coming almost two months to the...

From Promotions to Sport Pros, Special Events Insurance Covers it All

Dec 3 2001 // During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based...