All the headlines from our USA Topic Page, ordered by recency.
Jan 21 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, New Jersey, as the location for a new U.S. subsidiary.Shane Haverstick, senior vice president of...
Jan 21 2015 // A federal judge ruled on Jan. 15 to let a beach replenishment project proceed — for now — over the objections of a Jersey shore town that does not want the sand piles.Judge Renee Marie Bumb decided that neither...
Jan 21 2015 // Last week’s ruling that BP Plc’s Macondo well dumped less oil into the Gulf of Mexico than the U.S. government claimed may trigger a settlement before a decision on the amount it must pay after a trial set to...
Jan 20 2015 // What do New York’s most famous hotel, the Lloyd’s of London building and the headquarters of the U.K.’s top law firm have in common? They’re all owned by Chinese insurers.This new breed of buyers,...
Jan 19 2015 // Auto-parts suppliers are feeling the pressure as car companies move to raise quality standards after a record year for U.S. vehicle recalls in 2014.In Japan, parts makers that sell to automakers worldwide say they’re...
Jan 19 2015 // QBE Insurance Group Ltd. of Australia is selling its U.S. agency businesses to California-based Alliant Services Inc. for about $300 million and exiting the distribution business.The agencies being bought by Alliant...
Jan 16 2015 // Dallas-based managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., announced it has named Adam Felton as assistant vice president of marketing and development for U.S. Risk Solutions, its...
Jan 16 2015 // U.S. companies are increasingly penalizing workers who decline to join “wellness” programs, embracing an element of President Barack Obama’s healthcare law that has raised questions about fairness in the...
Jan 16 2015 // Property catastrophe bond issuance for the fourth quarter 2014 stood at USD$2.1 billion across six separate transactions, contributing to a record annual property catastrophe bond issuance of USD$8.0 billion, according to...
Jan 15 2015 // BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than the U.S....
Jan 15 2015 // Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers...
Jan 15 2015 // The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities.Defying hardline critics in...
Jan 15 2015 // President Barack Obama’s bid to get Congress to pass stalled cybersecurity legislation is seen as having an uphill fight amid differences between Republicans and the administration over privacy safeguards and other...
Jan 14 2015 // President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface.Obama announced Tuesday revised...
Jan 14 2015 // MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to greater oversight, said his company’s performance in the financial crisis shows its ability to...
Jan 13 2015 // MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important.A complaint will be filed today in...
Jan 13 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide...
Jan 13 2015 // Allianz SE hired Zurich Insurance Group AG’s Paul Schiavone to oversee financial products in the U.S. and Canada as Europe’s largest insurer builds its commercial business in North America.Schiavone, 46, was...
Jan 12 2015 // A fire that started after an explosion on Jan. 10 at Husky Energy Inc.’s 155,000-barrel-per-day (bpd) crude oil refinery in Lima, Ohio, has caused extensive damage to a unit at the plant, a fire official said.No...
Jan 12 2015 // Washington state officials are seeking to redesign the state’s driver’s licenses and ID cards in order to comply with tougher federal requirements for proof of U.S. residency for government-sanctioned...