Latest USA Headlines

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

Two Plead Guilty in Iowa to Defrauding AIG, Face Decades in Prison

Sep 4 2014 // Former Iowa resident Christina M. Pender and California resident Robert K. Taylor have pled guilty to defrauding insurance company AIG out of hundreds of thousands of dollars, the U.S. Attorney’s Office for the...

House Republicans Eye Short-Term Renewal of Export-Import Bank

Sep 4 2014 // House Republican leaders are considering a short-term extension of the 80-year-old U.S. Export-Import Bank that is set to expire this month, a party aide said.An extension of several months is being discussed, said the...

Court Frees Goldman from Paying Ex-VP’s Legal Fees

Sep 3 2014 // Goldman Sachs Group Inc. should not have been ordered to pay former programmer Sergey Aleynikov’s legal fees to defend against criminal charges that he stole secret code from the bank’s computers, a divided...

Study: Conn. Occupational Illness Rates Higher Than U.S. Average

Sep 3 2014 // Occupational illness rates are higher for Connecticut workers than the national average, though the rate has declined, a study by a University of Connecticut health expert says.The overall illness rate in 2012 was 21.9...

Insurance Noodle Launches Integrated Facility for Allied Health Services

Sep 3 2014 // Insurance Noodle has launched an integrated facility for allied health services across the United States, bringing together several leading markets via a single online access point. By accessing Insurance Noodle’s...

Focus Shifts to BP Following Halliburton Oil Spill Settlement

Sep 3 2014 // Halliburton Co.’s agreement to settle most of the lawsuits stemming from its role in the worst offshore oil spill in U.S. history refocuses attention on the still-awaited court ruling that will decide the extent of...

JLT Group Expands U.S. Specialty Reach, Merges JLT Specialty, Lloyd & Partners

Sep 2 2014 // Jardine Lloyd Thompson Group plc (JLT) a global providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has expanded its U.S. specialty capabilities and merged JLT...

Syncora’s Strategy in Detroit Bankruptcy Proceedings Backfires

Sep 2 2014 // Syncora Guarantee Inc., an opponent of Detroit’s municipal debt-adjustment plan, saw a legal strategy backfire when a judge ruled that the company made “scandalous and defamatory” allegations about the...

Halliburton Agrees to $1.1 Billion Gulf Oil Claims Settlement

Sep 2 2014 // Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history.The agreement is subject to court approval and includes legal fees, the...

No ‘Significant’ Cyber Attacks on Banks, Says Bank Group

Sep 2 2014 // An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at...

Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate

Sep 1 2014 // Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of...

Parker Named New CEO of USAA

Aug 29 2014 // Stuart Parker, currently chief operating officer at San Antonio-based USAA has been named to succeed current CEO Joe Robles when he retires at the end of February 2015.USAA Capital Corporation President Carl Liebert will...

Philadelphia Insurance Vindicated in YouTube Bugatti Crash Case

Aug 29 2014 // Philadelphia Insurance Companies said it’s been vindicated in its investigation and denial of a fraudulent claim filed by an East Texas motorist for the 2009 crash of his Bugatti Veryon, following his guilty plea...

Insurers on U.S. Financial Oversight Council Agenda for Next Week

Aug 29 2014 // The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday.The Financial Stability Oversight Council (FSOC)...

Report: Russian Hackers Attack 5 Big Banks, Steal Customer Data

Aug 28 2014 // Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the...

Advice to Bankrupt MF Global Could Cost Accounting Firm $1 Billion

Aug 28 2014 // A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd., a...

Soccer Moms, Players Sue FIFA Over Concussions

Aug 28 2014 // FIFA, soccer’s international governing body, was sued by soccer moms and players who claim the organization failed to adopt effective guidelines for dealing with concussions as more evidence links brain injuries to...

Travelers Insurance Off Hook for $30M Trademark Claim: Court

Aug 28 2014 // Travelers Companies Inc.’s U.S. Fidelity & Guaranty doesn’t have to pay a $30 million judgment in a trademark infringement case against one of its insureds.The insurance company filed suit in federal court...

MAPFRE Enters Life Insurance Market in Massachusetts

Aug 27 2014 // MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier.MAPFRE said it is seeking to...

U.S. Home Construction Jumps 15.7% in July

Aug 27 2014 // U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines.Construction increased 15.7 percent in July to a...