Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Large Recoveries for Pet Owners Unlikely in Pet Food Suits
Apr 3 2007 // Pet owners are not likely to get much compensation if they individually sue pet food-maker Menu Foods over the death of a dog or cat, although they might fare better if they joined forces in a class action suit, legal...
Veterinarians Blame Poisoned Food for More Than 100 Pet Deaths
Mar 30 2007 // At least 471 cases of pet kidney failure have been reported in the 10 days since a nationwide recall of dog and cat food and about a fifth of those pets have died, a veterinarians’ information service said. The maker...
Firm Sues U.S. to Gain Access to Ford Motor Tire Injury Data
Mar 29 2007 // A research firm that has studied tire failures on Ford Motor Co. sport utility vehicles is suing the nation’s transportation agency for access to roadway death and injury data. Quality Control Systems Corp. said the...
First Responders, Businesses Tell Congress U.S. Needs Disaster Plan
Mar 27 2007 // A coalition of first responders, emergency management experts, businesses and insurers told Congress that America needs a comprehensive public-private, federal-state partnership to protect against a massive hurricane or...
Study Claims U.S. ‘Tort Tax’ Tops $9,800 Per Family
Mar 27 2007 // America’s legal system imposes an economic cost of more than $865 billion every year, or more than $9,800 per family, according to a new study released by the Pacific Research Institute (PRI), a free-market think...
A.M. Best Cites 15 P/C Insurers as Financially Impaired in 2006
Mar 27 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
Max Re Approved to Acquire, Operate U.S. E&S Company
Mar 27 2007 // Bermuda-based Max Re Capital Ltd. announced that it has received regulatory approval from the Delaware Department of Insurance to acquire a U.S.-based excess and surplus lines company. Max Re (which is also in the process...
McCarran repeal: Beware of negative unintended consequences
Mar 26 2007 // The McCarran-Ferguson Act enacted in 1945 provides for the continued regulation of insurance by the states and a narrow exemption from the general federal antitrust laws. The exemption is limited to activities that...
Tank containers and the inland marine market
Mar 26 2007 // Specialty niche offers multi-modal transport and multi-insurance coverage concerns They’re more difficult to handle, but the cargo carriers are aware of the risks,” said Ben Armistead, chairman of Greenwich...
Agents Hit U.S. Chamber Backing of Federal Insurance Regulation
Mar 26 2007 // As they prepare to converge on Washington, D.C. to meet with federal legislators, insurance agents are targeting a recent U.S. Chamber of Commerce endorsement of federal insurance regulation for criticism. The National...
People
Mar 26 2007 // Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to...
U.S. Risk Names Dalton a Senior Broker in Houston Office
Mar 26 2007 // U.S. Risk Brokers, a subsidiary of U.S. Risk Insurance Group, announced that James C. Dalton has been named senior broker in its Houston office. In this position, Dalton will assume responsibility of executive liability...
FDA says cloned food safe, but could lead to non-covered claims
Mar 26 2007 // Products from cloned animals, such as milk and meat, may be safe to eat, but that doesn’t mean there aren’t insurance risks. The problem is that it’s somewhat too soon to tell what claims could arise, and...
McCarran repeal: Beware of negative unintended consequences
Mar 26 2007 // The McCarran-Ferguson Act enacted in 1945 provides for the continued regulation of insurance by the states and a narrow exemption from the general federal antitrust laws. The exemption is limited to activities that...
Tank containers and the inland marine market
Mar 26 2007 // They’re more difficult to handle, but the cargo carriers are aware of the risks,” said Ben Armistead, chairman of Greenwich Transportation Underwriters (GTU) in Nashville, Tenn. “A lot of things can...
People and Places
Mar 26 2007 // Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to...
McCarran repeal: Beware of negative unintended consequences
Mar 26 2007 // The McCarran-Ferguson Act enacted in 1945 provides for the continued regulation of insurance by the states and a narrow exemption from the general federal antitrust laws. The exemption is limited to activities that...
U.S. Study Finds Majority of Medical Malpractice Claims Close Without Payment
Mar 26 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
FDA says cloned food safe, but could lead to non-covered claims
Mar 26 2007 // Products from cloned animals, such as milk and meat, may be safe to eat, but that doesn’t mean there aren’t insurance risks. The problem is that it’s somewhat too soon to tell what claims could arise, and...
McCarran repeal: Beware of negative unintended consequences
Mar 26 2007 // The McCarran-Ferguson Act enacted in 1945 provides for the continued regulation of insurance by the states and a narrow exemption from the general federal antitrust laws. The exemption is limited to activities that...
