Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
17 Indicted in La., Accused of Staging Wrecks for Insurance Payments
Aug 17 2006 // A federal grand jury in Shreveport, La., has indicted 17 people for allegedly staging car accidents in order to get money from insurance companies, the U.S. Attorney’s Office said Aug. 15. The indictment was made...
QBE 1H Operating Profit up 20% to $452 Million
Aug 16 2006 // Australia’s QBE Insurance Group posted a A$591 million (US$452 million) operating profit after tax for the half year ended 30 June 2006, a 20 percent increase. The Company said the “increase in profit reflects...
Airlines Tighten Security, Cancel Flights Following Terror Plot
Aug 11 2006 // Passengers in the United States coped with heightened security at airports Thursday after authorities in London uncovered a terror plot aimed at airlines traveling from Britain to the U.S. American Airlines canceled six...
Number of Uninsured Children in Ark. Drops 60 %, Highest in U.S.
Aug 10 2006 // Arkansas has made the greatest progress in reducing its number of children without health-care coverage, a nationwide study released Aug. 9 shows. The state saw the greatest drop – nearly 60 percent – of...
Study Shows Decline in Number of N.D. Children Without Insurance
Aug 10 2006 // North Dakota has made progress in reducing the number of children without health insurance, a new report says. The state saw one of the biggest declines in the percentage of uninsured children since the start of the State...
U.S. Surplus Lines Brokers Detailed on Lloyd’s Website
Aug 9 2006 // Lloyd’s has placed detailed information on U.S. surplus lines brokers on its Website www.lloyds.com/us. The information available will “help the market verify the license details of surplus lines...
Markel Launches Contagion Outbreak Expense Coverage
Aug 8 2006 // Markel Corporation introduced a new insurance product, Outbreak Extra Expense Coverage, specifically designed to protect companies from a closure of their business premises due to a variety of contagions including Avian...
Reinsurance Collateral Changes Should Result in Savings, Says N.Y. Regulator
Aug 7 2006 // Any changes to state reinsurance collateralization rules for non-U.S. reinsurers should be judged on whether they produce savings that can be passed along to consumers, in the view of one influential state...
Marine market responds to stressed property coverage demand
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
Get your motor runnin’ — not stolen
Aug 7 2006 // Most motorcycles taken in California, Texas comes in third; Arkansas, Oklahoma and Louisiana in the middle of the pack for thefts California topped the nation in motorcycle thefts in 2005, according to the National...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
Excess flood insurance — when the federal plan isn’t sufficient
Aug 7 2006 // The lessons learned from Katrina and Rita and predictions of a future with bigger and stronger storms highlight more than ever the importance of flood insurance, even in locations where it was previously thought...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
U.S. Corps finds some Sacramento levees not up to standard
Aug 7 2006 // The U.S. Army Corps of Engineers has withdrawn its endorsement of levees protecting parts of Sacramento, reversing a 1998 evaluation that has facilitated a construction boom in the Natomas area. In a letter released to The...
Insuring energy risks for profit isn’t getting any easier
Aug 7 2006 // Recent experiences need to be translated into quality underwriting standards for the future Underwriting energy risks is not for the faint-hearted, even during the best of times. The nature of these risks (with high...
Is the U.S. prepared for a cyber catastrophe? Business executives say, ‘no’
Aug 7 2006 // Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance...
Growth in retail shopping centers a boon for insurance brokers
Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...
Protecting your most valuable assets overseas
Aug 7 2006 // Foreign voluntary workers’ compensation, kidnap & ransom, and accident coverage help mitigate losses A business has many valuable assets, but perhaps none as critical to success as its employees. Businesses...
Congressional hearing held on terrorism and insurance
Aug 7 2006 // Agents, risk managers and insurers press Congress for long-term TRIA solution Two U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security...
