Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

Oil, Railroad Industries Oppose New Federal Oil Train Safety Rules

Oct 2 2014 // Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said today.The American Petroleum...

Pacific Sees Storm Deja Vu as Atlantic Starts to Run Out of Time

Oct 2 2014 // Yet another tropical storm is budding in the Pacific south of Manzanillo, Mexico, while in the Atlantic the danger is fading, at least for the energy-producing areas of the Gulf of Mexico.Tropical Depression 19-E developed...

Fed Counsel Grilled on AIG’s Bailout Terms vs. Banks’

Oct 1 2014 // The Federal Reserve Board of Governors set an interest rate for American International Group Inc.’s 2008 bailout loan that was meant to prevent shareholders from reaping a “windfall,” the Fed’s top...

Goldman, JPMorgan CEOs Pursued Private Rescue for AIG

Oct 1 2014 // The heads of Goldman Sachs Group Inc. and JPMorgan Chase & Co. told federal regulators days ahead of the 2008 government bailout of American International Group Inc. that they were putting together a private rescue of...

Marijuana Insurance Industry: How High Can It Go?

Oct 1 2014 // Editor’s Note: This is the first in a series of articles on the the marijuana insurance industry to appear on InsuranceJournal.com. Upcoming stories will include reports on how medical marijuana could affect the...

Federal Reserve to Study Effect of Banks’ Systemic Risk Rules on Insurers

Oct 1 2014 // The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet tough funding restrictions required by the 2010 Dodd-Frank law.The Wall Street oversight law...

Andy Weitz Joins Aon as SVP of Global Marketing & Communications

Sep 30 2014 // Aon plc announced that Andy Weitz, 37, will become senior vice president of global marketing and communications on October 1st.Weitz was most recently president and CEO of the U.S. region for Hill + Knowlton Strategies, a...

Employers Names Hulse Vice President, Western U.S. Sales

Sep 30 2014 // Reno, Nev.-based Employers has named Kimberly K. Hulse vice president of regional sales for its Western region. Hulse will be based out of EMPLOYERS’ headquarters in Reno, Nevada. She will work under the direction of...

Greenberg’s Lawyer Says U.S. Demonized, Extorted AIG Shareholders in Bailout

Sep 29 2014 // The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg...

Lawmakers Question the Adequacy of Traffic Control After Fire Halts Flights

Sep 29 2014 // The havoc created by a suicidal technician at a Chicago-area flight-control center has some lawmakers asking how a single person armed with gasoline and knives could bring down part of the U.S. air-traffic system.Damage...

U.S. Hospitals Face Risks in Ebola Virus Waste Disposal

Sep 29 2014 // U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety...

‘Bond King’ Bill Gross Resigns From PIMCO, Joins Janus

Sep 29 2014 // Bill Gross, the bond market’s most renowned investor, quit PIMCO for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than...

Trial Over Greenberg’s Challenge to AIG Bailout to Get Underway

Sep 29 2014 // One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in...

Healthcare Firms at Risk; Hackers Value Medical Records Over Credit Data

Sep 26 2014 // Your medical information is worth 10 times more than your credit card number on the black market.Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital...

Turtles, ’60s Band, Wins Classic Song Copyright Case Against Sirius Radio

Sep 24 2014 // A U.S. judge has sided with members of the 1960s band the Turtles in their dispute with Sirius XM Holdings Inc., ruling the satellite radio provider infringed on copyrights by airing their pre-1972 songs without paying...

BP Loses Bid to Recover Oil Spill Overpayments

Sep 24 2014 // BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said.After the court revised the method for...

Guy Carp’s Vice Chairman Explains Multiple Tasks of a Modern Reinsurance Broker

Sep 24 2014 // Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the...

Forecast Calls for More Drought Next Year Across West

Sep 23 2014 // Forecasters say severe drought or worse will continue into next year across much of the West, including parts of western Utah, most of Nevada and practically all of California.Below-normal precipitation and normal or...

New York’s Lawsky Says Punishing Individuals Is Essential to Deterrence

Sep 23 2014 // Punishing executives for misconduct at banks is essential to deter wrongdoing on Wall Street, New York’s banking regulator said.“Just damning the entire firm is often times counterproductive,” Benjamin...

U.S. Jury Finds Arab Bank Liable Under Terrorist Financing Law

Sep 23 2014 // A U.S. jury on Monday found Arab Bank Plc liable for providing material support to Hamas and said it must compensate victims of two dozen attacks attributed to the Islamic militant group in Israel and the Palestinian...