Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Grim Statistic: Auto Fatalities Spike on Tax Deadline Day
Apr 12 2012 // More than 200 years after Benjamin Franklin declared the only things certain in life are death and taxes, Canadian researchers have discovered a grimmer connection: U.S. auto fatalities spike on the deadline day for filing...
40 Million U.S. Jobs Tied to Intellectual Property Protection: Report
Apr 12 2012 // U.S. movie studios, drug manufacturers and other companies that depend heavily on copyrights, patents and trademarks to protect their creative works support 40 million jobs, or about 28 percent of the U.S. workforce, a...
U.S. to Give BP Evidence on Size of Gulf Oil Spill
Apr 12 2012 // BP Plc will gain access to U.S. government documents that may shed light on the size of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, a crucial issue in determining the oil company’s...
N.Y. Court Ruling May Open Door for More Asbestos Suits Against Pfizer
Apr 11 2012 // A New York federal appellate court ruling yesterday could allow more asbestos liability suits to proceed against pharmaceutical giant Pfizer. The appellate court’s decision affirms the previous ruling last year from...
Japan P&I Club Ship Insurer Sets New Rules on Iran Oil Transport
Apr 11 2012 // Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said. The United States...
Best Lowers, Withdraws Omega Specialty Ratings; Affirms Lloyd’s Syndicate 958
Apr 11 2012 // A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 958, which is managed...
Court Narrows Federal Law on Computer Fraud
Apr 10 2012 // A U.S. appeals court rejected the government’s broad reading of a computer fraud law to prosecute workers who steal from company computers, saying it could expose millions of Americans to prosecution for harmless...
Reebok, Nike Settle Suit Over Tebow Apparel Sales
Apr 10 2012 // Reebok International Ltd. agreed to settle a lawsuit by rival Nike Inc. and will stop selling New York Jets football apparel with the name of the team’s popular new quarterback, Tim Tebow. According to settlement...
MF Global Executives Win Access to Insurance Monies for Defense
Apr 10 2012 // Former MF Global Holdings Ltd. Chief Executive Jon Corzine and other company officials won court permission to tap as much as $30 million of insurance money to defend lawsuits over the futures brokerage’s...
Property Insurance Rates Continue to Firm: Marsh
Apr 10 2012 // Global property insurance rates continued to firm in the first quarter of 2012 and there are forces at play that will likely continue the trend, according to a report from insurance broker Marsh. Despite the absence of...
Wells Fargo Upgrades AIG on Likely Exit from Government Bailout
Apr 10 2012 // American International Group Inc. will likely be independent from the U.S. government over the next year, Wells Fargo Securities said upgrading the shares of the bailed-out insurer to “outperform.” Since AIG...
Former Warranty Insurance Firm Co-Owner Pleads Guilty in Missouri
Apr 9 2012 // A former co-owner of one of the country’s top marketers of auto service contracts has pleaded guilty in Missouri to theft and fraud. Darain Atkinson founded St. Charles-based US Fidelis with his brother, Cory...
March’s Severe Weather Proved Deadly, Costly in U.S., Globally
Apr 6 2012 // March was a deadly and costly month in parts of the United States. A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at...
Swiss Re Structures $240 million Insurance-linked Securities for Allianz
Apr 6 2012 // Swiss Re Capital Markets announced that it has “structured and successfully placed $240 million of insurance-linked securities [cat bonds] issued by Blue Danube Ltd., on behalf of a subsidiary of Allianz SE. The...
U.S., Europe Urged to Offer Product Safety Training to Importers
Apr 6 2012 // Food and drug regulators in the U.S., Europe and other developed countries should offer training, technology and expertise to developing nations in Asia, Latin America and other regions to better assure the safety of...
Aon Benfield March Cat Recap: Severe U.S. Weather, Quakes & Floods
Apr 6 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide...
Viacom Wins Reversal in Landmark Copyright Case vs. Google’s YouTube
Apr 5 2012 // A U.S. appeals court has revived lawsuits by Viacom Inc., the English Premier League, and various film studios and television networks accusing Google Inc. of allowing copyrighted videos on its YouTube service without...
U.S. Summer Forecast: El Nino Adverse Weather May Return
Apr 5 2012 // The U.S. Climate Prediction Center raised the prospect that El Nino conditions could return after the Northern Hemisphere summer, causing adverse weather that could potentially disrupt the harvest of vital crops such as...
Best Announces Rating Actions on NZ’s ‘Old’ & ‘New’ AMI Insurance
Apr 5 2012 // A.M. Best Co. announced rating actions on both New Zealand’s AMI Insurance Limited, or the old AMI, and AMI Insurance (Operations) Limited, or the new AMI, following a substantial restructuring of the company in the...
Large Insurers Anxious As Financial Council Finalizes Systemic Risk Rule
Apr 4 2012 // The U.S. financial risk council approved a final rule on Tuesday laying out how it will decide which financial companies outside the banking industry will face new scrutiny by the Federal Reserve in hopes of preventing a...
