Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
USDA: $200 Million for Fla. Agriculture Hurt by Hurricanes
Dec 30 2005 // The U.S. Department of Agriculture has designated at least $200 million (euro168 million) for Florida growers and farmers who suffered losses from the 2005 hurricanes, officials said. The funds were included in last...
White Paper Analyzes Loss Retention Under Terrorism Extension Act
Dec 29 2005 // AIR Worldwide Corporation conducted an analysis of the potential impact on insurers of the Terrorism Risk Insurance Extension Act of 2005. The Act was signed into law last week and extends the Terrorism Risk Insurance Act...
2005, a Year to Remember: Busiest Hurricane Season of the Century for United States
Dec 29 2005 // The hurricane season made 2005 a year-to-remember, with the southeast encountering the busiest hurricane season of the century, with 26 named storms and 13 hurricanes, meteorologists used up the list of 21 proper names and...
Governors in Okla. and Texas Respond to Wildfire Threat
Dec 27 2005 // Both Texas Gov. Rick Perry and Oklahoma Gov. Brad Henry are responding to waves of wildfires plaguing their states as a result of the extremely dry conditions there. Henry reminded citizens that a statewide burn ban...
National Newsbriefs
Dec 19 2005 // House Passes Terrorism Insurance Bill: Legislation that will extend the 2002 Terrorism Risk Insurance Act for an additional two years passed the House of Representatives floor by a vote of 371 to 49. The Senate already...
Best Rates U.K.’s Hiscox, Lloyd’s Syndicate, Bermuda Start-Up
Dec 19 2005 // A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the...
Hurricane Katrina Leads to Large Number of Claims, Frustration
Dec 19 2005 // While Hurricane Katrina spent only a couple of days menacing the Gulf Coast, the trail of destruction in both lives and properties lingers on months later. As places like New Orleans, Mississippi and other surrounding...
Guy Carpenter Study: U.S. Tort System Less Hostile to Corporate Defendants, Their Insurers
Dec 19 2005 // Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S....
Houston Man Charged in Katrina Claims Filing Scam with FEMA
Dec 19 2005 // United States Attorney Chuck Rosenberg announced the filing of criminal charges against Clifford Neville, 53, of Houston, Texas, for reportedly filing false claims for emergency disaster funds with the Federal Emergency...
Ring Members Diverted AIDS Drugs
Dec 19 2005 // Florida Attorney General Charlie Crist and U.S. Attorney Alexander Acosta announced four individuals, including two Miami physicians, have been arrested for allegedly participating in an organization that illegally...
Business Moves
Dec 18 2005 // U.S. Risk Insurance Opens Irvine, San Diego Offices U.S. Risk Insurance Group Inc. has opened a Irvine, Calif., office and a satellite office in San Diego. Scott T. Carroll has joined the company as vice president and...
Sen. Frist Prescribes 6-Point Plan Against Avian Flu
Dec 18 2005 // U.S. Senate Majority Leader Bill Frist, who is a medical doctor, has called for the U.S. to take aggressive measures to fend against the severe economic damage brought on by an avian flu pandemic. Citing a Congressional...
News Briefs
Dec 18 2005 // MISSOURI Insurer to Pay $8 Million: State Farm Insurance has been ordered to pay more than $8 million to a tow truck driver and his sister-in-law who were acquitted of insurance fraud after being accused of faking the...
News Briefs
Dec 18 2005 // House Passes Terrorism Insurance Bill: Legislation that will extend the 2002 Terrorism Risk Insurance Act for an additional two years passed the House of Representatives floor by a vote of 371 to 49. The Senate already...
FLORIDA
Dec 18 2005 // Florida Attorney General Charlie Crist and U.S. Attorney Alexander Acosta announced four individuals, including two Miami physicians, have been arrested for allegedly participating in an organization that illegally...
Patriot Act Re-authorization Nixed by U.S. Senate
Dec 18 2005 // The life insurance industry had a stake in a decision made on Capitol Hill on Friday when the U. S. Senate refused to re-authorize major portions of the USA Patriot Act. Critics of the act complained they infringed too...
Former Kansas City Cop Pleads Guilty in Scheme to Collect Insurance
Dec 15 2005 // Todd Graves, United States Attorney for the Western District of Missouri, reported that a former Kansas City, Mo., police officer pleaded guilty in federal court recently to a scheme to collect insurance on a fraudulent...
U.S. Transportation Dept. Provides $40M for Katrina-Damaged Roads
Dec 10 2005 // U.S. Transportation Secretary Norman Mineta has provided an additional $40 million to Louisiana and Mississippi as part of the federal government’s commitment to help Gulf Coast states rebuild roads and bridges...
National Assoc. of Insurance Commissioners Elects Officers
Dec 8 2005 // Members of the National Association of Insurance Commissioners elected regulators from Maine, Alabama, Kansas and New Mexico as the organization’s 2006 officers during the Association’s Winter National...
Fitch Reviews U.S. Insurance Industry in 2005; Looks Ahead to 2006
Dec 8 2005 // The U.S. property/casualty insurance industry encountered deja vu in this past year, reported Fitch Ratings in its annual 2005 Review and 2006 Outlook for the U.S. insurance industry. The ratings agency says 2005 mirrored...
