Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
State-Federal Showdown over Real ID National License Averted
Apr 11 2008 // The clash between the states and the federal government over nationwide rules to make driver’s licenses more secure has ended — for now. A truce, of sorts, between the 50 states and the U.S. Department of Homeland...
Judge in Reno Sets Hearing Dates for Fernley Flood Cases
Apr 11 2008 // Eighteen lawyers representing flood victims, U.S. and local governments, realtors, insurance companies and others crowded into a federal courtroom Tuesday to begin sorting out who is responsible for the failure of an...
Marsh Survey Finds Corporate Captive Growth Despite Soft Market
Apr 11 2008 // Marsh’s London office has issued a new “global benchmarking report,” which examines the use of captive insurance companies by today’s global firms. The report -“Next Generation Captives...
Rush of Mortgage Lawsuits Expected, But Winning May be Tough
Apr 11 2008 // U.S. law offices plan a hiring spree as they ready a new volley of lawsuits for consumers who lost houses and investments in the mortgage industry meltdown. But new legal rules make it tougher to win than in the days of...
Court Throws Out Nevada’s Insurance Agent Countersignature Law
Apr 11 2008 // The U.S. 9th Circuit Court of Appeals has invalidated Nevada’s insurance producer countersignature law in what could be the final nail in the coffin for these requirements on nonresident producers. U.S. District...
Mines Lack Safety Equipment 2 Years After Sago Tragedy, U.S. Says
Apr 10 2008 // Underground coal mines lack stockpiles of breathable air and communications gear for trapped workers, according to a federal report released this week, nearly two years after a series of mine fatalities led to Congress...
Report: Obesity Costing Firms $45B a Year in Work Loss, Medical Costs
Apr 10 2008 // The rate of obesity in the United States has doubled in the last 30 years, and those extra pounds weigh on companies’ bottom lines, according to a new report from The Conference Board. Today, 34 percent of American...
La. AG Drops Predecessor’s Case Against Biotech Company
Apr 10 2008 // Louisiana’s attorney general has withdrawn a multimillion-dollar antitrust lawsuit his predecessor filed on his final day in office against drug-maker Amgen Inc. Former Attorney General Charles Foti hired several...
Hurricane Forecasters Issue April Update for 2008 Season
Apr 10 2008 // A “well above-average” Atlantic hurricane season with eight hurricanes and 15 named storms entering the basin is predicted for 2008, according to forecasters at Colorado State University’s Department of...
Indicted Alabama Insurance Executive Claims Political Retaliation
Apr 9 2008 // A Montgomery, Ala. insurance executive indicted by a federal grand jury is blaming his legal problems on political retaliation by Republicans, including the governor, a politician the executive once supported but later...
Mississippi River Traffic Limited after 2 Accidents at Old Vicksburg Bridge
Apr 9 2008 // Towboats in single file slowly negotiated their line of barges past a Mississippi River bridge in Vicksburg Monday, a safety measure ordered after weekend accidents scattered barges in the swift current of the swollen...
S&P Lowers Ratings on 4 Mortgage Insurers; Conference Call Today
Apr 9 2008 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on four U.S. Mortgage insurers as follows: MGIC Investment Corp. to ‘BBB’ from ‘A-‘ and its...
Credit Agency Downgrades U.S. Mortgage Insurers
Apr 9 2008 // Standard & Poor’s Ratings Services Tuesday downgraded four U.S. mortgage insurers, including MGIC Investment Corp’s arm, citing a worse-than-expected housing slump. The credit agency said most companies...
Lloyd’s Welcomes Overhaul of U.S. Regulations
Apr 7 2008 // Lloyd’s has welcomed the focus given to international issues in the US Treasury Blueprint for modernizing the US financial regulatory structure. The report sets out how the US Treasury believes financial regulation,...
Subprime Crisis Reveals Larger Problems in Government Regulation
Apr 7 2008 // America is in the midst of a significant financial crisis. A meltdown in the subprime mortgage sector and the resulting credit crunch are threatening to drag down our economy. We applaud the aggressive steps taken by the...
People
Apr 7 2008 // Gov. John Baldacci recently swore in Mila Kofman as superintendent of the Maine Insurance Bureau, Kofman has been an associate research professor at the Georgetown University, where she led health-related research projects...
Declarations
Apr 7 2008 // Flood Concerns “Within the time constraints available to us, we exhausted our legal options.” —Missouri Attorney General Jay Nixon comments on two lost attempts to stop the U.S. Army Corps of Engineers from...
Subprime Crisis Reveals Larger Problems in Government Regulation
Apr 7 2008 // America is in the midst of a significant financial crisis. A meltdown in the subprime mortgage sector and the resulting credit crunch are threatening to drag down our economy. We applaud the aggressive steps taken by the...
People
Apr 7 2008 // Patrick G. Ryan, founder and executive chairman of the largest insurance intermediary, Aon Corp., said he intends to retire from Aon effective Aug. 1, 2008. “After 41 years as CEO and three years as executive...
Subprime Crisis Reveals Larger Problems in Government Regulation
Apr 7 2008 // America is in the midst of a significant financial crisis. A meltdown in the subprime mortgage sector and the resulting credit crunch are threatening to drag down our economy. We applaud the aggressive steps taken by the...
