Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
The Commissioners: John Morrison
Mar 26 2007 // Montana fights for uninsured, seeks catastrophe fund and captives The hallmarks of John Morrison’s legacy as Montana State Auditor, the Commissioner of Insurance and Securities, is to help provide more affordable...
Scientists Disagree Over Hazard Posed by New Madrid Earthquake Fault
Mar 23 2007 // Scientists have struggled for years to figure out when the next big earthquake might strike the central United States. Now a geologist from Northwestern University believes he has evidence that the New Madrid Fault –...
Thieves in Montreal Targeting Cars from U.S.
Mar 23 2007 // Like many northern New Englanders, Burlington, Vermont contractor Greg Giro likes to make an occasional trip to take in some big-city life in Montreal. But increasingly, they are being targeted by car thieves, say Canadian...
Study: Flu Pandemic Could Lead to U.S. Recession
Mar 23 2007 // A severe pandemic flu outbreak could result in the second-worst recession in the United States since World War II, with the gross domestic product dropping more than 5.5 percent, according to a report recently published by...
Plumeri Speaks to FSA on ‘Principles-based’ Regulation Decision
Mar 22 2007 // In an address to the UK’s Financial Services Authority (FSA) at its Annual Insurance Sector Conference (AISC), Willis Chairman and CEO Joe Plumeri strongly embraced the financial regulator’s announcement that...
Allianz Joins Institutions to Urge Congress to Act on Climate Change
Mar 20 2007 // Money talks and $4 trillion talks very loudly. So loud in fact that a number of institutional investors, who manage a total of $4 trillion in assets, hope to get the attention of U.S. lawmakers. Their goal is to convince...
European Insurance Forum Puts Ireland in the Spotlight
Mar 19 2007 // 18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...
Amerigroup Corp. Liability $334 Million for Actions in Ill.
Mar 15 2007 // A federal judge’s ruling brought to more than $334 million the amount that insurance company Amerigroup Corp. and its Illinois affiliate owe in damages and penalties for discriminating against pregnant women. U.S....
Bay Area Man Sentenced for Selling Fake Policies
Mar 15 2007 // A former insurance broker/agent has been sentenced to 10 years in prison for the sale of approximately $6 million worth of fake insurance policies the broker falsely claimed were underwritten by Lloyd’s of London,...
Beazley Acquires Health Care Specialist Sapphire Blue
Mar 13 2007 // Beazley Group has agreed to acquire Sapphire Blue, an agency specializing in professional liability insurance for U.S. health care institutions, particularly long term care facilities. The transaction significantly...
D.C. Struggles to Ensure Public Spending is Helping U.S. Prepare for Bioterrorism
Mar 12 2007 // More than five years after the Sept. 11 attacks, the U.S. government cannot show how the $5 billion given to public health departments has better prepared the country for a bioterrorism attack or flu pandemic. Congress...
Catlin’s 2006 Results Rise on Wellington Acquisition
Mar 12 2007 // Catlin Group Limited announced financial results for the year ended December 31, 2006 that exceeded the expectations of most analysts. The Bermuda-based Company not only managed to smoothly absorb its acquisition of...
Business Moves
Mar 12 2007 // Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being...
N.Y. City, other U.S. centers need federal terrorism insurance to compete globally, says Supt. Dinallo
Mar 12 2007 // A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by similar...
Mexican trucks to travel deeper into U.S. roadways
Mar 12 2007 // Safety advocates say move will endanger motorists and could threaten national security The news that Mexican trucks will be allowed to haul freight deeper into the United States drew an angry reaction from labor leaders,...
Insurance exec: China offers lessons in globalization for U.S. and world
Mar 12 2007 // C.V. Starr’s Greenberg on China’s economic revolution and making the world safer through globalization I am not going to talk about regulation, not yet. I will soon but it will not be today — real soon. I...
N.Y. City, other U.S. centers need federal terrorism insurance to compete globally, says Supt. Dinallo
Mar 12 2007 // News Currents A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by...
Tim Wagner, Nebraska, Director of Insurance
Mar 12 2007 // Director of Insurance L. Tim Wagner has spent close to 40 years in the insurance industry, the last nine as the appointed Nebraska regulator. He takes his role seriously and believes the insurance industry has a real...
Business Moves
Mar 12 2007 // Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being...
People
Mar 12 2007 // Arthur J. Gallagher & Co. in Houston added Danny Golden as vice president for its construction niche. Golden will assist in the service of existing and new clients as well as other members of the Gallagher...
