All the headlines from our USA Topic Page, ordered by recency.
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...
Sep 8 2015 // BP Plc must face institutional investors’ claims for more than $2.5 billion in market losses caused by the plunge in share prices after the 2010 Gulf of Mexico oil spill, a federal appeals court ruled.The U.S. Court...
Sep 8 2015 // A drone crash during a U.S. Open match has tennis officials thinking about whether they can do more to safeguard the sprawling National Tennis Center from such hazards, a spokesman said.“Obviously, it’s...
Sep 8 2015 // There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states.The...
Sep 8 2015 // Thousands of U.S. schools sit along rail corridors used to carry toxic substances such as crude oil and would be at risk in the event of a derailment, an environmental group said on Tuesday as it called for a temporary...
Sep 7 2015 // Standard & Poor’s predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the market with...
Sep 7 2015 // Collectively, the 14 U.S. surplus lines stamping offices have reported moderate growth in surplus line premiums during the first half of 2015.Approximately 60 percent of all surplus lines insurance is processed by stamping...
Sep 7 2015 // Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice.Marino brings to Marsh 20 years of insurance and construction industry experience. He joins the firm from Aon, where he...
Sep 7 2015 // Uber Technologies Inc. on Aug. 13 won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ridesharing company from doing business in the state.U.S. District Judge...