All the headlines from our USA Topic Page, ordered by recency.
Apr 28 2014 // Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus.Orix will pay about $895 million for the business,...
Apr 27 2014 // Even as it deals with hot-button issues like campaign financing and affirmative action, the U.S. Supreme Court has patents on its mind these days.The court, which has already heard four patent-related cases this term, will...
Apr 25 2014 // The Chubb Corp. reported a drop in net income in the first quarter of 2014 to $449 million, compared to $656 million in the first quarter of 2013. The drop was due in large measure to claims from severe winter weather and...
Apr 25 2014 // Spurred by a series of fiery train crashes, a push by government and industry to make safer tank cars used for shipping crude oil and ethanol has bogged down in squabbling and finger-pointing over whether they’re...
Apr 25 2014 // The U.S. Supreme Court will consider May 15 whether to hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners.Court officials say a decision could be...
Apr 25 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Wilton Reinsurance Bermuda Ltd., Wilton Reassurance Company, based in Minneapolis,...
Apr 25 2014 // The search for missing Malaysia Airlines Flight MH370 is likely to drag on for years, a senior U.S. defense official told Reuters on Friday, as an underwater search for any trace of the plane’s wreckage off west...
Apr 24 2014 // Customers who switch auto insurance carriers due to poor service often end up sorry they did because they end up paying more with their new insurer, according to the latest J.D. Power 2014 U.S. Insurance Shopping...
Apr 24 2014 // The next hacker playground: the open seas – and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet.In this internet age, as more devices are hooked up online, so they...
Apr 24 2014 // The high-stakes penalty phase of BP’s trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line.Fines under...
Apr 23 2014 // The Obama administration ordered a 25 percent cut in the levels of coal dust in U.S. mines to reduce deadly black lung disease, a move that drew criticism from the mining industry and the threat of a lawsuit.The rule...
Apr 23 2014 // The odds are increasing that an El Nino weather system will form this year, portending drought for Australia and Asia and a warmer winter in the U.S. Northeast.The U.S. Climate Prediction Center now says there’s a 65...
Apr 23 2014 // It has been a year since a fire caused a huge explosion at a Texas fertilizer plant that killed 15 people, yet companies in the state can still store hazardous chemicals in flammable wooden containers in buildings without...
Apr 23 2014 // A lawsuit against General Motors Co. in California over ignition-switch defects linked to 13 deaths was put on hold until a bankruptcy judge in New York rules on whether some compensation claims can be brought without...
Apr 23 2014 // Genworth Financial Inc. plans to raise as much as $700 million by selling a minority stake in its Australian mortgage guarantor, in what may be the biggest share sale in the country for more than three years.The seller of...
Apr 22 2014 // General Motors Co. filed a motion in a U.S. bankruptcy court to enforce a bar on lawsuits related to ignition defects in cars sold before its 2009 bankruptcy as it fights a class action lawsuit that seeks to set aside the...
Apr 22 2014 // Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance.An eminence grise as...
Apr 21 2014 // Wildfires across the western United States have been getting bigger and more frequent over the last 30 years, according to a new study.The number of wildfires over 1,000 acres in size in the region stretching from Nebraska...
Apr 21 2014 // U.S. property/casualty insurers’ net income after taxes grew to $63.8 billion in 2013 from $35.1 billion in 2012, with insurers’ overall profitability as measured by their rate of return on average...
Apr 21 2014 // Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.Jules Melancon, the last...