Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Top 10 U.S. Aircraft Insurers: SNL
Jul 11 2013 // American International Group Inc. (AIG) has been reported to be the lead insurer for the recent Asiana Flight 214 tragedy in San Francisco. AIG’s role is not surprising, given its presence in Asia and focus on the...
Europe’s Floods Top Aon Benfield’s List of June’s Catastrophes
Jul 11 2013 // The latest report from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, which reviews the natural disasters that occurred worldwide during June 2013, highlights the $22 billion in...
Walgreen, Blue Cross to Aid in Educating Public on Obamacare
Jul 11 2013 // Walgreen Co., the biggest U.S. drugstore chain, agreed to join with the largest federation of health insurers to promote the Affordable Care Act, lending a hand as the Obama administration strains to win over the...
‘Commercial Ties,’ ‘Economic Growth’ Top EU/U.S. Trade Talk Agenda
Jul 11 2013 // Marjorie Chorlins, the U.S. Chamber of Commerce Senior Director for Europe, issued a statement itemizing the Chamber’s views on the opening round of negotiations between the U.S. and Europe for the Transatlantic...
Deadly Quebec Train Crash Creates Fertile Ground for Lawsuits
Jul 11 2013 // As investigators try to piece together how a parked oil freight train broke free and demolished the heart of a small Quebec town last weekend, a barrage of litigation could soon be hitting everyone from the U.S. rail...
Pennsylvania Law Banning Gay Marriage Faces Court Challenge
Jul 10 2013 // The American Civil Liberties Union said it filed the first known legal challenge Tuesday seeking to overturn a state law effectively banning same-sex marriage in Pennsylvania, the only northeastern state that doesn’t...
AIG, GE Capital Accept Systemically Important Designations
Jul 10 2013 // American International Group Inc. and General Electric Co.’s finance unit were designated systemically important by U.S. regulators, a ruling the companies had already agreed to accept. The vote by the Financial...
Oil Tank Cars Like Those in Quebec Rail Tragedy Long Seen as Flawed
Jul 10 2013 // The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50 people, included a class of railcar whose vulnerability to leaks and deadly explosions was well known to...
Will Bernanke Testify in Greenberg’s Bailout Lawsuit?
Jul 10 2013 // U.S. Federal Reserve Chairman Ben Bernanke shouldn’t be compelled to testify in Maurice “Hank” Greenberg’s lawsuit over the government’s bailout of American International Group Inc., the...
U.S. EU Launch Free Trade Talks Despite Spying Concerns
Jul 9 2013 // The United States and the European Union began talks on Monday on a landmark bilateral free trade agreement, despite European concerns about U.S. spying that had threatened to delay the start after nearly two years of...
Flood Losses Dominate Disaster Count in 1st Half of 2013: Munich Re
Jul 9 2013 // Floods caused billions of dollars in losses and dominated the natural catastrophe statistics for the first half of 2013, according to a study released by Munich Re. “Around 47 percent of the overall losses and 45...
Ironshore Promotes White to Senior VP of U.S. Wholesale Distribution
Jul 9 2013 // Bermuda-based specialty insurer Ironshore Inc. promoted Timothy R. White to senior vice president of U.S. wholesale distribution. He will be based in Boston. White will be responsible for the strategy and planning of...
Retailers Plan Bangladesh Factory Inspections under Safety Pact
Jul 9 2013 // A group of mainly European retailers has finalized a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April. The...
Asiana Could Save Millions Under Provision Limiting Passenger Suits in U.S.
Jul 9 2013 // Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international law to bar Chinese and South Korean passengers from suing in victim-friendly U.S....
Employers Welcome Delay in Obamacare Mandate; Workers, States Concerned
Jul 8 2013 // While businesses hailed President Barack Obama’s decision to delay penalizing companies that fail to offer benefits under the health law, workers and states may struggle with the uncertain aftermath. In postponing...
Swiss Insurers May Be Next in U.S. Crackdown on Tax Evasion
Jul 8 2013 // Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed assets held by their American clients. As Switzerland continues to seek a data-transfer deal with the...
Investigators Hunt for Cause of San Francisco Plane Crash
Jul 7 2013 // U.S. officials examined flight information recorders and began investigating the crash of an Asiana Airlines Boeing 777 that burst into flames upon landing in San Francisco, killing two teenaged Chinese students and...
Erie Insurance Offers Safety Tips for July 4th Outdoor Parties
Jul 3 2013 // Seven in 10 Americans who plan to celebrate the 4th of July this year will attend a barbecue, cookout or picnic, according to the National Retail Federation’s 2013 Independence Day survey. That amounts to 164 million...
Prudential Will Appeal SIFI Designation; AIG, GE Will Not
Jul 3 2013 // Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk to the financial system, becoming the first company to challenge the label that brings additional...
Insurers, State Regulators Try to Block Bank-Like Rules by Federal Reserve
Jul 3 2013 // MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee the biggest insurers under the Dodd-Frank law. The insurers and watchdogs are pressuring the...
