All the headlines from our USA Topic Page, ordered by recency.
Jul 15 2014 // The Fontainebleau Las Vegas LLC bankruptcy trustee may never win court approval for an $83.3 million settlement of lawsuits against former officers, directors and managers.U.S. Bankruptcy Judge A. Jay Cristol in Miami...
Jul 15 2014 // A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud, the Iowa Insurance Division announced.Melissa Ilene Williams, of Dike, Iowa, also was ordered to pay restitution for...
Jul 15 2014 // The oil industry and the railroads that haul its crude have offered U.S. regulators a joint plan to phase out a type of older tank car tied to a spate of fiery accidents, according to two people familiar with the...
Jul 14 2014 // Trinity Industries Inc. will have 13 hours this week to fight allegations its highway guardrail systems are a deadly hazard that spear cars on impact, with as much as $1 billion at stake for the company.U.S. District Judge...
Jul 14 2014 // Uber Technologies Inc. and Lyft Inc. are racing to recruit drivers to spur the growth of their ride- sharing businesses. Stefanie Leifer recently found herself caught in the middle.Leifer has worked for San Francisco-based...
Jul 14 2014 // Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7 billion) as Italy’s biggest insurer seeks to boost capital.Generali will receive CHF1.2...
Jul 11 2014 // Progressive Corp., the fourth- largest U.S. car insurer, said second-quarter profit fell 9.6 percent as investment gains narrowed.Net income dropped to $293.4 million, or 49 cents a share, from $324.6 million, or 54 cents,...
Jul 11 2014 // A federal judge on Wednesday rejected PricewaterhouseCoopers’ request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global...
Jul 10 2014 // How a company manages its risk in the face of a changing global climate is slated to become an ever-greater factor in a company’s worth.Today’s business leaders, whether or not they believe in climate change,...
Jul 10 2014 // A federal appeals court in New York has revived claims by 211 cleanup workers who sought compensation for their alleged exposure to toxic contaminants in buildings near the World Trade Center site after the Sept. 11, 2001,...
Jul 10 2014 // This post is part of a series sponsored by CoreLogic.This year, we’re ushering in the 2014 hurricane season, which officially began on June 1, in the wake of a fairly inactive past season and amid projections of...
Jul 10 2014 // A weather-changing El Nino has yet to develop in the Pacific Ocean, according to government forecasters are who maintaining a “watch” initiated in March.The chances that the warming of the equatorial Pacific...
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Jul 10 2014 // A U.S. judge threw out a lawsuit against the Financial Industry Regulatory Authority (FINRA) by a former broker who alleged that disclosures on the regulator’s public database violated his privacy rights.The former...
Jul 9 2014 // Aspen U.S. Insurance said George Kotsiopoulos has joined as vice president, Broker Relationship leader. Kotsiopoulos joins Aspen U.S. Insurance with underwriting and distribution experience from previous positions at...
Jul 9 2014 // Foster Farms and its London insurers are facing off over the definition of “product recall” as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated shutdown of one of...
Jul 9 2014 // The Senate is advancing legislation that would let companies and the U.S. government share information about hacking threats, even as privacy advocates say the plan could enable the National Security Agency to sweep up...
Jul 8 2014 // Arizona’s policy of denying driver’s licenses to people who came to the U.S. illegally as children was blocked by a federal appeals court in San Francisco, which said the measure is probably...
Jul 8 2014 // Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an...
Jul 8 2014 // Bermuda-based Endurance Specialty Holdings Ltd. announced that Mark Maritzen has joined the company as Executive Vice President and Head of Commercial Property within its U.S. Insurance operation.He has nearly twenty years...