Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Justice Department Plans New Antitrust Effort
May 12 2009 // The Justice Department warned corporate America on Monday that the government will aggressively investigate big firms that improperly dominate markets. Assistant Attorney General Christine Varney said the department is...
U.S. to Require Ships Sailing Off Somalia to Post Guards
May 12 2009 // The U.S. Coast Guard will require U.S.-flagged ships sailing around the Horn of Africa to post guards and ship owners to submit anti-piracy security plans for approval, a Coast Guard official said Tuesday. The new...
Idaho Hispanic Population Shows Buying Power
May 11 2009 // Two years ago, Nestor Carrillo could fit the demands for his Mexican candies and tortillas into one truck as he drove products to a handful of stores across Idaho. Carrillo now has four trucks, three employees and delivers...
An Awakened Washington Promises More Stress for Directors & Officers
May 11 2009 // Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear of angry policymakers inside Washington and...
Like ‘Waiting for Godot,’ WTO Awaits Next US Move
May 8 2009 // Most countries are ready to finish the long-running Doha round of world trade talks, but all bets are off until the Obama administration determines how to proceed, a group of visiting diplomats from developing nations said...
No New Government Funds for AIG
May 8 2009 // American International Group, the giant insurer bailed out by the U.S. government, reported its smallest loss in six quarters on Thursday, hurt once more by investment losses and write downs. AIG has lost more than $100...
Seattle, Washington and Metropolitan Area Most Secure Places to Live in U.S.
May 8 2009 // Those seeking a place to live, work or raise a family in a safe and secure environment should consider the Pacific Northwest, according to the fifth annual Most Secure U.S. Places to Live rankings from Farmers Insurance...
AIG Reports $4.35 Billion Q1 Loss
May 7 2009 // American International Group, Inc. (AIG) today reported a net loss for the first quarter of 2009 of $4.35 billion compared to a net loss of $7.81 billion in the first quarter of 2008. The loss was less than the $5 billion...
FDIC’s Bair Says U.S. Needs Systemic Risk Council as Regulator
May 6 2009 // The United States needs a council of regulators to oversee threats to the financial system, in addition to a regulator to supervise the largest financial institutions, the head of the U.S. Federal Deposit Insurance Corp...
Max Capital Group’s Q1 Net up 82% to $44.5 Million
May 6 2009 // The Bermuda-based Max Capital Group reported net income for the three months ended March 31, 2009 of $44.5 million, or $0.78 per diluted share, compared to net income of $7.7 million, or $0.13 per diluted share, for the...
Marsh Posts Q1 Profit As Lower Costs Offset Revenue Drop
May 6 2009 // Marsh & McLennan Cos Inc., the second-largest global insurance broker, posted a first-quarter profit on Wednesday, reversing a year-earlier loss, as lower costs helped offset a decline in revenue. Chief Executive...
Fight against Pirates Also Needed Ashore Says Top Navy Admiral
May 5 2009 // The fight against piracy must involve efforts on land and at sea, the U.S. Navy’s top officer said Monday, saying the issue was more complex than just putting arms on commercial ships. “Pirates don’t live...
Berkshire’s Buffett: Life Insurers Took ‘Crazy’ Financial Risks
May 5 2009 // Billionaire Warren Buffett on Sunday criticized some life insurers for taking on “crazy” financial risks by selling variable annuities, or retirement products that promised unrealistic guarantees to buyers. The...
It Figures
May 4 2009 // 4 to 5 Risk Management Solutions of Newark, Calif., predicts a storm season similar to 2008 could occur every four to five years on average. Last year’s season, which included nearly 1,700 tornadoes, was the...
Increase Traffic to Your Internet ‘Real Estate’
May 4 2009 // Enhance Your Agency’s Online Visibility Through Search Engine Optimization Nearly half of the United States — more than 163 million people — are using the Internet, according to a recent Nielsen poll. And they...
Business Moves
May 4 2009 // Farmers, American International Group (AIG), 21st Century Insurance Co. Los Angeles-based the Farmers Insurance Group of Companies announced it will acquire American International Group’s (AIG’s) Personal Auto...
Katrina Flood Victims’ Civil Suit Against Corps Underway
May 4 2009 // Mississippi River-Gulf Outlet. Photo: Michael Maples/U.S. Army Corps of Engineers Long awaited court proceedings pitting the Army Corps of Engineers against victims of flooding in New Orleans as a result of Hurricane...
People
May 4 2009 // Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining...
California Remains Top Spot for Vehicle Thefts
May 4 2009 // The National Insurance Crime Bureau (NICB) reported that 2008 marked the nation’s fifth consecutive year of declining vehicle thefts in the United States. Although most areas experienced a reduction in vehicle theft,...
Buffett Criticizes Bank Stress Tests; Eyes Insurance for Flu Pandemic
May 4 2009 // Warren Buffett criticized the government’s stress tests of 19 large U.S. banks, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc. Buffett also told reporters on...
