Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Ground Shifting for Medical Liability Insurers: Moody’s
Jan 23 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
New Global Risks Create Need for Expanded Directors & Officers Liability Program
Jan 23 2012 // The risk of lawsuits against senior executives has long been a major concern for businesses in the United States. But in the last few years it has become a much more serious global exposure as well. The international legal...
As User-Based Insurance Takes Off, Towers Watson Steers It Globally
Jan 21 2012 // When Towers Watson expanded its user-based insurance (UBI) DriveAbility program beyond the United States in late fall, it wasn’t just based on a whim. Simply put, UBI is taking off. For now, the interest is primarily...
Insurers Brace for Cold Weather Claims
Jan 21 2012 // Though summer weather is associated with devastating catastrophe losses, the winter season can be equally busy from a claims perspective. The third-largest cause of catastrophic losses behind hurricanes and tornadoes,...
Healthcare Individual Mandate Too Weak to Matter, Aetna CEO Says
Jan 19 2012 // Wall Street’s concern about the U.S. Supreme Court’s looming decision on President Obama’s healthcare overhaul is overblown because the provision at the heart of the law already has little teeth, the top...
Analyst: BP to Agree to $20-25 Billion Gulf Oil Spill Settlement with Justice Dept.
Jan 19 2012 // BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company...
Ship Disaster Unlikely to Prompt Quick Safety Changes
Jan 19 2012 // The cruise ship disaster off Italy’s coast is drawing fresh scrutiny to the gaps in international safety rules and standards – yet there may be little appetite among the world’s major shipping nations and...
U.S. House Panel to Review Cruise Line Safety
Jan 19 2012 // Responding to the still-unfolding disaster of a capsized Italian cruise ship, a U.S. congressional committee launched an investigation on Wednesday of industry safety practices and planned a hearing next month. The House...
Indiana City Getting New Earthquake Risk Maps
Jan 19 2012 // Government officials and Evansville residents soon will have access to a new set of maps detailing areas at greatest risk of damage from strong earthquakes that periodically shake southwestern Indiana. The maps will be...
Walmart Seeks End to Refiled Gender Bias Lawsuit
Jan 18 2012 // Women who refiled a gender discrimination lawsuit against Walmart Stores Inc. have failed to come to grips with the landmark U.S. Supreme Court decision that ended their nationwide class action against the company, Walmart...
Aon’s Warriors Bring Military Values to Managing Global Risks
Jan 18 2012 // When the phone rings in the Crisis Management Operation Center within Aon Corp.’s headquarters in Chicago, it’s typically not someone calling with good news or to say, “Have a nice day.” Chances are...
Mass. AG Coakley Asks U.S. Supreme Court to Back Insurance Mandate
Jan 17 2012 // Massachusetts Attorney General Martha Coakley has filed a brief with the U.S. Supreme Court supporting a key provision in the federal health care law. The high court is expected to hear arguments this year on the...
Cruise Ship Victims Can’t Use U.S. Courts: Expert
Jan 17 2012 // Victims of the Italian cruise ship disaster who might seek to sue in the United States, where damages lawsuits are a virtual industry, may be barred from doing so. The primary reason, legal experts said, is that contracts...
Former North Dakota Insurance Agent Sentenced for Fraud
Jan 16 2012 // A former Minot, N.D. insurance agent has been sentenced to prison and ordered to pay nearly $1.2 million in restitution for wire fraud. Alan Henning, 58, pleaded guilty on Aug. 24, 2011, to charges that he diverted...
Aon To Move Corporate Headquarters to London
Jan 13 2012 // Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important...
Court Denies Class Action Suit Against American Honda
Jan 13 2012 // American Honda Motor Co. won a legal victory as a divided U.S. appeals court on Thursday said a nationwide lawsuit over a brake system used in some Acura RL vehicles should not have been certified as a class-action. The...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Court: Workers’ Comp Bars Iraq Convoy Drivers’ Suit Against KBR, Halliburton
Jan 12 2012 // A federal appeals court on Thursday rejected a lawsuit brought against KBR Inc. and Halliburton Co. by the families of two convoy drivers killed in a 2004 insurgent attack in Iraq. The U.S. Court of Appeal for the 5th...
Investors: Private Sector Must Tackle Climate Change
Jan 12 2012 // Institutional investors with a collective $26 trillion under management opened a new front Thursday in the fight against climate change, urging the private sector to mobilize, follow the money and find new technologies to...
Supreme Court Rules Religious Ministers Not Covered by Job Bias Laws
Jan 12 2012 // Religious groups and churches may hire and fire their leaders without being subject to laws against discrimination in employment, the U.S. Supreme Court said this week in a unanimous landmark ruling. For the first time,...
