Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Insurers Financially Prepared for Hurricanes in 2013: Fitch
Jun 7 2013 // There is sufficient capacity available in insurance and reinsurance markets to provide sufficient coverage and withstand potential losses from hurricane related perils this storm season, according to Fitch Ratings’...
U.S. on Offense in Cyber War: Building Command Center, Hiring Warriors
Jun 7 2013 // On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising in the shape of the new $358 million headquarters for the military’s Cyber Command. The...
Farmers, Safety Group Sue Monsanto Over Biotech Wheat
Jun 7 2013 // American wheat farmers and a food safety advocacy group filed a lawsuit Thursday against biotech seed developer Monsanto Co., accusing the company of failing to protect the U.S. wheat market from contamination by its...
S&P Wins Transfer of Ratings Lawsuits by States to Federal Court in New York
Jun 7 2013 // Standard & Poor’s and its parent company McGraw Hill Financial Inc. on Thursday won a ruling that moves 15 lawsuits in which they were accused of fraudulently inflating credit ratings to a single federal...
Tropical Storm Andrea Weakens Over Florida After Fueling Tornadoes
Jun 6 2013 // Tropical Storm Andrea lost strength as it passed over northern Florida on Thursday evening and is forecast to drench much of the U.S. Southeast with heavy rain as it cuts across Georgia and swing up the Atlantic Coast, the...
Kansas Farmer Sues Monsanto over GMO Wheat Discovery
Jun 6 2013 // A Kansas farmer has sued seed giant Monsanto over the recent discovery of genetically engineered experimental wheat in an 80-acre field in Oregon, claiming the company’s gross negligence hurt U.S. growers by driving...
Montana Man Pleads Guilty In Workers’ Comp Fraud Case
Jun 6 2013 // A 76-year-old Havre, Mont. man has pleaded guilty to mail fraud in a case for failing to report that he owned a profitable business while receiving more than $277,000 in federal worker’s compensation benefits from...
Court Dismisses State’s Suit Against NCAA Over Penn State Sandusky Fines
Jun 6 2013 // The National Collegiate Athletic Association won the dismissal of a lawsuit challenging sanctions against Pennsylvania State University for its role in the Jerry Sandusky sex-abuse scandal. The lawsuit brought by Governor...
Tropical Storm Andrea Hits Florida; Warnings Posted for Eastern U.S.
Jun 6 2013 // Tropical Storm Andrea pelted Florida’s northern Gulf Coast on Thursday and was forecast to drench much of the U.S. Southeast as it cuts across Georgia and up the Atlantic coast, the National Hurricane Center...
U.S., Global Natural Disasters Exact Heavy Toll in May: Aon Benfield
Jun 6 2013 // Severe weather in May caused an estimated $4 billion in insured damage in the U.S. alone and billions more in economic losses around the globe, according to an Aon Benfield report. The Global Catastrophe Recap by Aon...
China Says It Has Data on U.S. Cyber Attacks, Calls for Cooperation
Jun 6 2013 // China’s top Internet security official says he has “mountains of data” pointing to extensive U.S. hacking aimed at China, but it would be irresponsible to blame Washington for such attacks, and called for...
Silicon Valley At Front Line Of Global Cyber War
Jun 5 2013 // Chinese President Xi Jinping and American counterpart Barack Obama will talk cyber-security this week in California, but experts say the state’s Silicon Valley and its signature high-tech firms should provide the...
AIG CEO Comments on ILFC Sale, ‘Systemically Important’ Classification
Jun 5 2013 // American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a deadline this...
Mortgage Insurer Triad Guaranty Files for Bankruptcy Protection
Jun 4 2013 // Triad Guaranty Inc., a residential mortgage insurer, sought bankruptcy court protection from creditors, citing losses related to the U.S. economic slowdown, housing crisis and unemployment. The company, based in...
Bermuda Minister Rejects Tax Haven Label; Sees Insurance Growth
Jun 4 2013 // Bermuda is not to blame for companies such as Google using Bermudan subsidiaries to shelter billions of dollars from U.S. and European tax authorities, the territory’s finance minister said on Monday. Google has come...
East, Gulf Coast Insured Properties Top $10 Trillion: AIR
Jun 3 2013 // The estimated insured value of residential and commercial properties in just the coastal counties of the U.S. East and Gulf Coast states now exceeds $10 trillion. The estimated value of these properties in the coastal...
Best Affirms Mitsui Sumitomo’s U.S. Subs Ratings; Upgrades Aioi Nissay U.S.
Jun 3 2013 // In conjunction with its affirmation of the parent company, A.M. Best Co. has also affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of...
Cyber Security Threats Pose ‘Stealthy, Insidious’ Danger – U.S. Defense Chief
Jun 3 2013 // Defense Secretary Chuck Hagel said on Friday that cyber threats posed a “quiet, stealthy, insidious” danger to the United States and other nations, and called for “rules of the road” to guide...
China to Study Possibility of Joining U.S-Led Trade Talks
Jun 3 2013 // China will study the possibility of joining the Trans-Pacific Partnership (TPP) trade talks, the Commerce Ministry said on Thursday, signaling its openness to the U.S.-led trade pact. “We will analyze the pros and...
Top 10 U.S. Insurers in Tornado-Stricken States: SNL Financial
Jun 3 2013 // The Moore, Oklahoma tornado, which killed 24 people, was the deadliest tornado to touch down during a nearly weeklong outbreak across the U.S. Midwest and South Central regions. The states hardest hit have been Kansas,...
