All the headlines from our USA Topic Page, ordered by recency.
Mar 7 2018 // S&P Global Ratings placed France’s AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd.The ratings agency said it is worried about what the mega-deal could do to...
Mar 7 2018 // Getting sued is not an uncommon event for physicians. More than a third of physicians (34 percent) have had a claim filed against them at some point in their careers.Also, according to research from the American Medical...
Mar 7 2018 // The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates.The Trump...
Mar 7 2018 // Nearly 30 years ago the Fair Isaac Corp. (FICO) first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market participants to facilitate...
Mar 6 2018 // Purdue Pharma LP’s decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge’s push for concrete solutions to a nationwide epidemic, even though the company says the...
Mar 6 2018 // Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over a corporate culture mired in malfeasance and the possibility of future...
Mar 6 2018 // AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake Zurich.That’s where top executives of the French behemoth and XL Group Ltd., fresh from the annual...
Mar 6 2018 // Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the deployment and testing of...
Mar 5 2018 // A company building a crude oil pipeline in Louisiana has asked a federal appeals court to lift a judge’s order that temporarily halts pipeline construction work in a swamp.Bayou Bridge Pipeline LLC asked the 5th U.S....
Mar 5 2018 // The U.S. Justice Department has asked a federal judge overseeing hundreds of lawsuits against opioid manufacturers and distributors to give it 30 days to decide whether to participate in the litigation.The department made...
Mar 5 2018 // The U.S. Supreme Court in late February declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order...
Mar 5 2018 // An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a new study.Researchers at the National Institute for...
Mar 5 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
Mar 5 2018 // Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to industry experts.“One...
Mar 5 2018 // An Arkansas judge has dismissed a Monsanto Co. lawsuit aiming to stop the state from blocking the use of a controversial farm chemical the company makes, dealing a blow to its attempts to increase sales of genetically...
Mar 5 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Mar 4 2018 // AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters.The French insurer is...
Mar 2 2018 // A business conditions index for nine Midwestern and Plains states rose over the past month, pointing to continued improvement in regional economic conditions, according to a report issued Thursday.The Mid-America Business...
Mar 2 2018 // Louisiana Insurance Commissioner Jim Donelon has appointed Nicholas “Nick” Lorusso as chief deputy of the Louisiana Department of Insurance (LDI) and Denise Dunckel as the deputy commissioner of Public...
Mar 2 2018 // California stands in “complete opposition” to a Trump administration plan to scrap a policy slashing climate-changing emissions from power plants, its top air official said Wednesday at a U.S. hearing in a...