All the headlines from our USA Topic Page, ordered by recency.
Jul 20 2015 // Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging.In a new report, Swiss Re says that the number of annual food recalls have nearly...
Jul 20 2015 // Willis North America, a unit of Willis Group Holdings plc, has made a series of senior appointments to its business.Hiram Marrero has been appointed national partner of Willis’s South Region. He will be responsible...
Jul 20 2015 // A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives, economic losses of as much as a trillion dollars, the disruption of water supplies and...
Jul 20 2015 // Alliant, Preferred ConceptsSpecialty insurance brokerage Alliant Insurance Services has expanded its managing general agent (MGA) practice through the acquisition of Preferred Concepts, an insurance program underwriter and...
Jul 20 2015 // Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman’s Fund from Allianz, competing against Chubb, which holds the leading position in the space.The...
Jul 20 2015 // Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents....
Jul 17 2015 // FedEx has lost a round in employment practices litigation over whether or not its drivers are employees of the company under Kansas labor statutes.On July 8, the U.S. Court of Appeals for the 7th Circuit agreed with the...
Jul 17 2015 // Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement.Lawsky was the first superintendent of New York’s beefed-up banking and...
Jul 17 2015 // Progressive Corp., the fourth-largest U.S. auto insurer, said second-quarter profit rose 24 percent after an acquisition that pushed the company into homeowners coverage.Net income climbed to $363.3 million, or 62 cents a...
Jul 17 2015 // General Motors Co. customers suing over faulty ignition switches lost their bid for access to witnesses interviewed by the government in a probe of the automaker, a U.S. judge said.The customers, who are demanding as much...
Jul 17 2015 // A U.S. judge on Tuesday cut a copyright infringement verdict by more than $2 million against recording stars Robin Thicke and Pharrell Williams over their 2013 smash hit “Blurred Lines,” but offered Marvin...
Jul 17 2015 // Nestle Purina Petcare Co.’s Beggin’ dog treats may fool dogs into thinking they are mostly made of real bacon, but a federal lawsuit claims that humans may be misled too.The proposed class action by Paul...
Jul 17 2015 // Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home forces them to pursue...
Jul 16 2015 // Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents....
Jul 16 2015 // The Supreme Court was definitive in its decision to legalize gay marriage nationwide, but what is far from clear is whether U.S. companies must offer corporate benefits to same-sex spouses.Many large and mid-sized...
Jul 16 2015 // A former Oppenheimer & Co. Inc. executive was sentenced to almost two years in prison for his role in a fraud that prosecutors say led to the collapse of an Oklahoma insurance company.Allen Reichman, 54, and three...
Jul 16 2015 // Whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina, a federal appeals court ruled July 13.In its decision, the New...
Jul 16 2015 // Federal authorities have issued tough new rules on check-cashing businesses in South Florida as part of the ongoing fight against rampant identity theft and tax fraud.The Treasury Department’s order applies to...
Jul 15 2015 // The U.S. Department of Justice and FBI said today that they along with an international coalition of law enforcers have shut down the underground computer hacking forum known as Darkode and filed criminal charges against...
Jul 15 2015 // Wal-Mart Stores Inc. was accused of discriminating against gay employees in a lawsuit that pits the biggest U.S. retailer against rights activists just weeks after same-sex marriage was legalized nationwide.In a proposed...