All the headlines from our USA Topic Page, ordered by recency.
Oct 29 2015 // Hiscox London Market has appointed Nick Waddell as general liability line underwriter; establishing Hiscox’s first ever stand-alone general liability team as the business seeks to take advantage of a London market...
Oct 28 2015 // Activist investor Carl Icahn said he owns a “large stake” in American International Group Inc. and urged the insurer to spin off its life and mortgage units into public companies to avoid being tagged as a...
Oct 28 2015 // The U.S. House of Representatives on Tuesday approved a bill to keep federal funds flowing to road and bridge construction projects into late November, while also extending a key rail safety deadline to the end of 2018.In...
Oct 28 2015 // U.S. Senator Elizabeth Warren said 13 major U.S. life insurers had admitted to using incentives such as expensive vacations and gifts, which could encourage agents “to put their own interests ahead of their...
Oct 28 2015 // U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an employment claim, with their chances much higher in certain states.A new study of employee charge trends by...
Oct 27 2015 // The outlook for the U.S. homeowners insurance market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield.A new report by Aon Benfield...
Oct 27 2015 // The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of...
Oct 27 2015 // An American International Group Inc. unit told a U.S. judge on Monday that a Philadelphia-area firm should be forced to pay more than $2 billion for overcharging it for life insurance policies acquired from elderly...
Oct 26 2015 // U.S. Cat Adjusters, LLC, a claims firm in the Florida property and casualty marketplace, has appointed Greg Cornett as director of Marketing. Cornett will be responsible for U.S. Cat Adjusters market expansion strategy and...
Oct 26 2015 // In the months after Sept. 11, 2001, as U.S. security officials assessed the top targets for potential terrorist attacks, the small town of Cushing, Okla., received special attention.Even though it is home to fewer than...
Oct 26 2015 // A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could...
Oct 26 2015 // U.S. lawmakers will begin voting on Monday on legislation to revive the shuttered Export-Import Bank, a spokeswoman for a leading Republican backer of the bank said on Friday.A so-called “discharge petition,” a...
Oct 26 2015 // Facebook Inc. won dismissal of a $15 billion lawsuit accusing the company of secretly tracking the Internet activity of its users after they log off.U.S. District Judge Edward J. Davila in San Jose, California, on Friday...
Oct 26 2015 // Volkswagen AG is maneuvering to steer hundreds of class-action lawsuits over its emissions-cheating software to the court nearest its current U.S. headquarters or to Detroit, its former location.The automaker asked a panel...
Oct 22 2015 // Some drone industry representatives are reacting cautiously to plans by the Obama administration to combat a growing safety threat by requiring buyers to register their drones with the government.The U.S. Transportation...
Oct 21 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has added new leadership to its Executive & Professional Lines as part of the company’s expansion of its dedicated underwriting capabilities in the U.S. According to...
Oct 21 2015 // Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0 billion in the first half of 2014, according to a report today from Verisk Analytics’...
Oct 21 2015 // Sony Pictures Entertainment Inc. has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed their personal data was stolen in a 2014 hacking tied to the studio’s release of a comedy set in North...
Oct 20 2015 // Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges the prevailing scientific view that the rising cost is mainly because more buildings, towns and...
Oct 20 2015 // Three former top executives of Dewey & LeBoeuf LLP avoided potential prison terms after a Manhattan jury failed to agree on whether they lied to investors in the run-up to the largest law-firm bankruptcy in history.The...