Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

Global Warming Debate Heats Up

Jul 12 2001 // A new report from the United Nation’s International Panel on Climate Change warns that global temperatures are rising much more rapidly than previous estimates had indicated and predicted disastrous environmental...

S&P Revises Outlook on U.S. Personal Lines P/C Industry to Negative

Jul 11 2001 // Standard & Poor’s revised its outlook on the personal lines property/casualty sector (i.e., home and auto insurance) of the U.S. insurance industry to negative from stable. In conjunction with this rating...

NAII Warns NAFTA Funding Cuts Pose Road Hazard

Jul 9 2001 // Congressional efforts to block funding for additional border inspectors and facility improvements in anticipation of the opening of the U.S.-Mexican border under the North American Free Trade Agreement (NAFTA) are a threat...

State Farm Names Texas’ Worst Intersections-One Makes U.S. Top 10 List

Jul 9 2001 // An intersection in Frisco, Texas, near Dallas, made State Farm Insurance Company’s list of the 10 most dangerous intersections in the U.S. The intersection at State Highway 121 and Preston Road in Frisco was number...

AIA Sees July as Historic Trade Month

Jul 6 2001 // The American Insurance Association believes that the number of international agreements that are up for consideration, and their potentially far reaching consequences for the industry, could make July 2001 an historic...

Rift Between EU US Over AIG Stalls China/WTO Pact

Jul 5 2001 // Negotiators in Geneva had hoped to announce that they had reached an accord on all issues, clearing the way for China to join the World Trade Organization, but they’ll have to wait a bit longer, as a dispute over...

NAII Warns: Political Games over NAFTA Funding May Prove ‘Deadly Serious’

Jul 3 2001 // According to the National Association of Independent Insurers (NAII), congressional action to block funding for additional border inspectors and facility improvements in anticipation of the opening up of the U.S.-Mexican...

Kaye Group, Hub International Complete Merger

Jun 29 2001 // Canadian insurance broker Hub International Ltd. announced the completion of its acquisition of Kaye Group, Inc., the U.S. property/casualty and benefits broker. Hub, which is 41 percent owned by Canada’s Fairfax...

Battle Shaping Up Between U.S.- Australian Creditors of HIH

Jun 28 2001 // Several big creditors of failed Australian insurer HIH are pressing ahead with lawsuits in the U.S. aimed at stopping Tony McGrath, the KPMG partner appointed as provisional liquidator, from marshaling HIH’s U.S....

RIMS Signs Agreement with U.S. EPA

Jun 25 2001 // The Risk and Insurance Management Society, Inc. (RIMS) and the U.S. Environmental Protection Agency (EPA) reached an agreement to develop a framework for addressing risk and insurance management issues relating to climate...

Docucorp Enlists Edens to Coordinate Central U.S. Sales Activities

Jun 21 2001 // Dallas-based Docucorp International, a provider of enterprise information solutions, appointed Marshall Edens as insurance practice leader for the Central U.S., a newly formed post. Edens will coordinate all of...

Assurex CEO Warns U.S. Companies Lack KR Coverage

Jun 20 2001 // Thomas W. Harvey, President and CEO of Assurex, the network of independent risk management and commercial insurance brokerages, warned that U.S. firms doing international business were inadequately covering the dangers to...

U.S. Now Largest Lloyd’s Market

Jun 19 2001 // The latest figures from Lloyd’s of London show that “for the first time in its 300-year history, the United States has become the British insurer’s largest single market.” Gross premiums from the...

Tillinghast-Towers Perrin Estimates $200B Price Tag for U.S. Asbestos Claims

Jun 19 2001 // Settlements to individuals exposed to asbestos in the U.S. and related expenses will ultimately reach $200 billion, according to a study conducted by Tillinghast-Towers Perrin. Of this amount, Tillinghast estimates that...

Zurich U.S. CEO Sees a Bright Future in Financial Services

Jun 18 2001 // John Amore, president and CEO of Zurich U.S., has a vision not just for his company but for the industry. “I think the industry needs to rebrand itself,” Amore told IJ in an exclusive interview in...

Oil & Gas Coverage Harder to Find; More EXPENSIVE

Jun 18 2001 // Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases...

Terrorism from Newly Empowered Pressure Groups Poses a Threat

Jun 18 2001 // Firebombs, booby-trapped letters and packages, kidnappings, assaults and extortion—as these violent acts continue to proliferate, insurers have stepped up to offer financial protection. Handling threats from terrorist...

Zurich North America Launches New Product Recall Coverage

Jun 12 2001 // Zurich North America’s Excess & Surplus Group is offering a new coverage for expenses related to product recalls, the company announced yesterday. The product recall expense coverage is designed for small to...

U.S.-China Reach Compromise on WTO

Jun 11 2001 // Meetings in Shanghai between U.S. trade representative Robert Zoellick and China’s Foreign Trade Minister Shi Guangsheng have apparently produced “a consensus on major issues” further clearing the way for...

Zurich U.S. CEO Sees a Bright Future in Financial Services

Jun 11 2001 // John Amore, president and CEO of Zurich U.S., has a vision not just for his company but for the industry. “I think the industry needs to rebrand itself,” Amore told IJ in an exclusive interview in...