Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
WTO’s Lamy Tells Negotiators to Push for Doha Deal
Dec 15 2010 // Members of the World Trade Organization are showing new energy and determination to reach a global trade deal but must now abandon fixed positions to clinch the agreement, the head of the WTO said on Tuesday. WTO...
Senate Expected to Pass Tax Cuts; House Democrats Balk at Estate Tax
Dec 15 2010 // President Barack Obama’s sweeping plan to extend expiring tax cuts for millions of Americans headed for overwhelming passage in the U.S. Senate on Wednesday as it moved through Congress. While the Senate neared a...
Droughts, Floods, Snow and Cold Hit Global Commodities
Dec 15 2010 // Droughts and deluges in Australia, snow in Europe and cold snaps in the United States are pushing up prices of a range of commodities from sugar to heating oil and soybeans. Australia typically ranks as second in the...
Allied World Reinsurance U.S. Launches Global Marine, Specialty Division
Dec 15 2010 // Allied World Reinsurance has launched a global Marine and Specialty Division that will initially offer reinsurance for marine, aviation, satellite and crop reinsurance on a global basis. Allied World Re U.S. has appointed...
Insurance Navy, Insure US Consolidating Services in Midwest
Dec 14 2010 // Chicago-based auto insurance provider, Insurance Navy, and business insurance provider, Insure US Corp, have agreed to consolidate their insurance offerings/services in the Midwest. According to the agreement, Insurance...
U.S. Expected to Join Lawsuits Over Gulf Oil Disaster
Dec 14 2010 // The U.S. Justice Department is expected to announce as early as Wednesday its first significant legal action stemming from the BP oil spill in the Gulf of Mexico, a federal government source familiar with the matter...
Cancun Climate Talks End with Modest Steps, No Kyoto Deal
Dec 13 2010 // The world’s governments agreed Saturday to modest steps to combat climate change and to give more money to poor countries, but they put off until next year tough decisions on cutting greenhouse gas emissions. The...
Obamacare Individual Mandate Found Unconstitutional by Federal Judge in Virginia
Dec 13 2010 // A U.S. judge in Virginia Monday declared a key part of President Barack Obama’s landmark healthcare law unconstitutional in the first major setback on an issue that will likely end up at the Supreme Court. U.S....
Appeals Court in California Reverses Itself in Armenian Insurance Suit
Dec 13 2010 // A federal appeals court last Friday reversed itself and now says the heirs of Armenians killed in the Turkish Ottoman Empire can seek payment from companies that sold their relatives life insurance. The 9th U.S. Circuit...
Chartis Applauds U.S. , South Korea Free Trade Agreement
Dec 13 2010 // Chartis announced that it “applauded the recent announcement by President Obama that U.S. and Korean negotiators have resolved outstanding issues related to the U.S.-Korea Free Trade Agreement (FTA).” The...
Status of Legal Challenges to Obama Health Reform Law
Dec 13 2010 // Within hours of President Barack Obama signing into law last March the healthcare reforms he had championed, several states filed lawsuits challenging the constitutionality of new requirements, including one that...
U.S. Life/Health Sector’s Premiums Rise 2.6%; First Increase Since 2008
Dec 10 2010 // U.S. life/health industry’s nine-month net premiums written rose 2.6 percent to $424.2 billion, reflecting the first increase since year-end 2008, according to a new report. In its nine-month financial review of the...
S&P: U.S. Personal Lines Insurance Sector Outlook Revised To Stable
Dec 10 2010 // Rates for the personal lines insurance sector continue to see improvements, according to a new report. While pricing for the U.S. commercial lines sector continues to decline, though at a slower pace in the last two years,...
Treasury to Cut Government Stake in AIG in Big Stock Sale
Dec 9 2010 // The U.S. Treasury plans to sell about one-fifth of insurer AIG through a stock offering in the first half of 2011, an important test of the government’s ability to profitably exit one of its most controversial...
UN Secretary General Urges Climate Agreement ‘Short of Perfect Deal’
Dec 8 2010 // Saying the health of the planet is at stake, U.N. Secretary-General Ban Ki-moon urged 190 nations meeting in Mexico on Tuesday to agree to steps to fight climate change that fall short of a perfect deal. “We cannot...
Bankers Expect Tough Year Ahead for Insurance M&A Market
Dec 8 2010 // Investment bankers expect another tough year for insurance sector deals in 2011, although there is hope for the M&A market as insurers come under increasing pressure to show growth coming out of the financial...
MJ Insurance Adds Brodie, Moore
Dec 7 2010 // Indianapolis, Ind.-based independent agency MJ Insurance announced it has added Tamra Brodie as marketing underwriter in the Employee Benefits Division and BJ Moore as a property and casualty producer in the Construction...
Supreme Court to Hear Wal-Mart Sex-Bias Class Action Certification
Dec 6 2010 // The U.S. Supreme Court said Monday it would decide if the largest sex-discrimination class-action lawsuit in U.S. history against Wal-Mart Stores Inc. can proceed, a case involving women workers who seek billions of...
Declarations
Dec 5 2010 // Commissions and the MLR “After hearing from various interested parties, if HHS does not fix this language before the rule is final, we hope that Congress will step in and revise the MLR formula through the...
Declarations
Dec 5 2010 // Legislate Commissions “After hearing from various interested parties, if HHS does not fix this language before the rule is final, we hope that Congress will step in and revise the MLR formula through the legislative...
