All the headlines from our USA Topic Page, ordered by recency.
Sep 16 2015 // A pair of massive blazes in the Northern California are a bleak reminder of how bad things can get in a state with persistent drought and windy conditions.A more worrisome thought is California’s official wildfire...
Sep 16 2015 // Copyright holders must consider “fair use” before demanding that people remove videos they post online, such as on Google Inc.’s YouTube, a U.S. appeals court ruled on Monday.In a closely followed case...
Sep 16 2015 // Hundreds of banks and credit unions can band together to pursue damages from Target Corp. over a 2013 hacking attack that compromised as many as 40 million payment cards.The ruling Tuesday by U.S. District Judge Paul...
Sep 16 2015 // Downward pricing pressures eased during the June 1 and July 1 renewals – the first time since January 2013 – which suggests that a reinsurance pricing floor is not far away, according to a report published by JLT...
Sep 15 2015 // Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess their cargo risks.While there are plenty of catastrophe models in the non-marine sector,...
Sep 14 2015 // Ohio leads the country in the number of insurance claims for thefts of copper and other kinds of metals, according to a report released Wednesday by the National Insurance Crime Bureau.The report shows that Ohio reported...
Sep 14 2015 // A group of major automakers accounting for more than half of U.S. auto sales will make automatic emergency braking standard on new U.S. vehicles in one of the industry’s biggest auto safety moves since it embraced...
Sep 14 2015 // U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have “safety performance issues” in some real-world crash scenarios, the Federal Highway Administration said as it urged a...
Sep 14 2015 // Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new...
Sep 11 2015 // A U.S. appeals court on Wednesday rejected efforts by American International Group Inc. and Bank of New York Mellon Corp. to recoup hundreds of millions of dollars of foreign tax credits that the Internal Revenue Service...
Sep 11 2015 // Annual catastrophe bond issuance reached $7.0 billion – a decrease on the record-breaking prior year ($9.4 billion), yet still the third highest annual issuance in the sector’s history, according to Aon Securities,...
Sep 11 2015 // While some are more exposed than others, U.S. property/casualty insurers generally can handle more significant deterioration in global equity market conditions while maintaining capital positions consistent with current...
Sep 11 2015 // American Group International Group Inc. won a decision that narrowed the claims by six investment funds that opted out of a $970.5 million class-action settlement last year over allegations the insurer misled investors...
Sep 9 2015 // Congressional Republicans were allowed by a judge to pursue their lawsuit accusing the Obama administration of violating the Constitution by spending money on the president’s signature legislative achievement, the...
Sep 9 2015 // More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit...
Sep 9 2015 // Adaptive cruise control has been an option on some cars for almost a decade. But in a recent national survey, 65 percent of U.S. drivers didn’t know what it was.The survey, by the University of Iowa Public Policy...
Sep 9 2015 // A new report says Florida ranks second only to California in the number of homes at risk for a natural disaster. The research firm, RealtyTrac, said in a report released last week that Florida had 6.7 million homes in...
Sep 8 2015 // Brit Ltd, a global specialty insurer and reinsurer based in London, hired Kent Stepanishen as senior vice president to launch a new Inland Marine team for Brit Global Specialty USA. Stepanishen will write Inland Marine...
Sep 8 2015 // ACE Limited today revealed the leadership teams for the company’s North American business units, including national accounts, middle market, small commercial, high net worth personal lines, wholesale/excess and...
Sep 8 2015 // ACE Limited announced the leadership team it intends to appoint for the company’s North America field organization that will take over upon completion of the acquisition of Chubb, which ACE said is expected in the...