Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Business Moves
Jun 4 2007 // Travelers Aviation Travelers has launched Travelers Aviation, a new unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as...
Why the U.S. must make TRIA permanent
Jun 4 2007 // I think it is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from...
Why the United States must make TRIA permanent
Jun 4 2007 // It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from potential...
Republic CEO: P/C mergers and acquisitions likely to ‘skyrocket’
Jun 4 2007 // The statutory surplus for property and casualty insurers is at a record $488 billion, according to the CEO of one Dallas-based regional insurer, and they are going to be looking for somewhere to put that cash to work....
People
Jun 4 2007 // National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as president. Harrison brings 16 years of experience in the insurance industry to...
Tough products don’t need to be an underwriting challenge
Jun 4 2007 // Skis, ladders, pacemakers and nutraceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
Figures
Jun 4 2007 // 50% Under rules in place at Arkansas-based retailing giant Wal-Mart, panels that screen applicants for driver positions should be racially diverse by at least 50 percent. However, the Associated Press reported that a judge...
Climate Change: Directors’ and officers’ risk ahead?
Jun 4 2007 // For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by...
Why the United States must make TRIA permanent
Jun 4 2007 // In the past five years, we have heard an overwhelming response from policyholders across the country — TRIA works. It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and...
People
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Minimizing risks for global catastrophes
Jun 4 2007 // Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk...
Wis. General Casualty, Unigard Purchase by QBE Insurance Finalized
Jun 1 2007 // The previously announced purchase of Wisconsin-based insurer General Casualty, its U.S. holding company, and sister company Unigard Insurance Group (Bellevue, Wash.) by Australia-based QBE Insurance Group was completed May...
China Prepares Climate Change Policy Paper Ahead of G-8 Summit
Jun 1 2007 // China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is...
Hurricane Forecaster Gray, Like Others, Expects Above Normal Activity
May 31 2007 // As the 2007 Atlantic hurricane season became official, Colorado State University’s well-known weather researcher William Gray stood by his earlier April prediction that this will be a storm period “much more...
Greenberg: TRIA Necessary But National Disaster Insurance Plan Isn’t
May 30 2007 // Exclusive Video Interview Greenberg Interview, Take 5: Product Innovation; TRIA; Cat Plan The nation needs the federal government to backup the private terrorism insurance market but does not need similar government...
U.S. Highway Traffic Deaths Decline Slightly
May 30 2007 // U.S. Secretary of Transportation Mary E. Peters announced that traffic deaths on U.S. roads were down slightly in 2006 according to preliminary figures, but cautioned that far too many lives continue to be lost. While the...
US Calls on Asia to Take Action to Reduce Greenhouse Gases
May 30 2007 // Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said...
U.S. Supreme Court Upholds 180-Day Period for Pay Bias Claims
May 30 2007 // The U.S. Supreme Court has handed employers a victory against pay discrimination suits by limiting how far back in time employees can go to prove their bias claims. In Ledbetter v. Goodyear Tire & Rubber Co., the high...
U.S. Oil Industry Preps for Gulf Storm Season
May 30 2007 // If you think gasoline prices are high now, consider the eye-popping possibilities if another monster storm pummels the Gulf of Mexico this hurricane season, the way Katrina and Rita battered the petroleum-rich waters in...
Jury: Brightpoint Risk Manager Guilty in Insurance Scheme with AIG
May 29 2007 // A federal jury in a civil case concluded last Friday that a former Brightpoint executive violated U.S. securities laws by helping a colleague create a finite reinsurance scheme to conceal millions of dollars in losses by...
