Latest USA Headlines

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

Pilots Defend Safety of Home-Built Planes

Feb 28 2014 // Leonard McGarity flew countless miles during a quarter-century as an American Airlines pilot, captaining the most sophisticated planes in commercial aviation.But in his spare time, the 58-year-old McGarity enjoyed outings...

‘Patent Troll’ Issue Reaches Supreme Court

Feb 28 2014 // A dispute between two fitness equipment makers landed at the U.S. Supreme Court on Wednesday, giving justices a chance to consider how to deal with so-called patent trolls, companies that acquire patents to sue for...

XL Acquires Global Ag Insurance to Expand Crop Coverage

Feb 27 2014 // XL Reinsurance America Inc., a subsidiary of XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, has acquired Global Ag Insurance Services LLC to add sales of coverage to farmers in the U.S. West.Global...

Supreme Court Allows Stanford Fraud Suits by Investors; Willis Among Defendants

Feb 27 2014 // Victims of R. Allen Stanford’s $7 billion Ponzi scheme can sue outside companies, including insurance broker Willis and law firms, alleged to have played a role in the fraud, the U.S. Supreme Court ruled, dealing a...

BP Loses Bid to Halt Payments to Seafood Workers

Feb 26 2014 // BP Plc lost a bid to have a judge suspend about $1.3 billion in payments to seafood-industry workers who are part of the 2010 Gulf of Mexico oil spill settlement because of alleged improprieties by a lawyer involved in the...

Target’s Cyber Insurance Softens Blow of Massive Credit Breach

Feb 26 2014 // Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe as some had feared.The...

N.J. Court Seeking Ways to Expedite Sandy Flood Litigation Process

Feb 26 2014 // A New Jersey federal court is seeking ways to expedite the litigation process for hundreds of flood insurance coverage-related cases that have been filed in wake of Superstorm Sandy.The U.S. District Court for the District...

XL Group Acquires Global Ag Insurance in Western U.S.

Feb 26 2014 // XL Reinsurance America Inc., a subsidiary of XL Group plc, has acquired Global Ag Insurance Services, a crop insurance provider based in the Western United States. The two companies initially partnered in 2011 to deliver...

U.S. to Mandate Tests of Oil Being Transported by Train

Feb 26 2014 // Federal regulators issued an emergency order on Tuesday requiring oil from North Dakota being loaded onto trains to be tested and properly labeled to reflect its volatile nature after a series of explosive train...

California Senator Pleads Not Guilty In Workers’ Comp Fraud Case

Feb 25 2014 // State Sen. Ron Calderon pleaded not guilty Monday to federal charges that he accepted $100,000 in bribes in return for pushing legislation, charges that could send him to federal prison for years.Calderon, a member of a...

Grandpa and Grandma Much Safer Behind the Wheel Than Predicted

Feb 25 2014 // Safety researchers expressed concern a decade ago that traffic accidents would increase as the nation’s aging population swelled the number of older drivers on the road. Now, they say they’ve been proved...

Report: Texas Accounts 40% of U.S. Oil Field Deaths

Feb 24 2014 // Texas accounted for about 40 percent of the 663 workers the U.S. Bureau of Labor Statistics said were killed nationwide in oil field-related industries between 2007 and 2012, according to a Houston Chronicle investigation...

Urbanization, Mobility, Gridlock and Predictions of ‘Peak Car’

Feb 24 2014 // The world that Henry Ford put on wheels is poised for a stall.In the globe’s growing megacities, pollution and gridlock are putting a damper on driving. In India, some commuters are leaving their cars at home to...

USAA CEO, President Robles to Step Down in 2015

Feb 24 2014 // The president and CEO of the insurer of military families, USAA, announced he will retire from USAA in the first quarter of 2015.“It has been my privilege to work at USAA for nearly 20 years. However, in early 2015,...

AXA Looking for Cheap Deals in Emerging Market Push

Feb 24 2014 // French insurance group AXA is looking for more acquisitions in emerging markets, the company said after posting a 14 percent rise in full-year net income and lifting its dividend by 13 percent.Faced with low interest rates...

What Might Terrorists Do Next?

Feb 24 2014 // The Sept. 11, 2001, terrorist attacks created an atmosphere of anxiety and uncertainty. No one knew how many more large-scale attacks were in the pipeline. Might more Mohammad Attas already be in the country making the...

Commercial Insurance Markets Looking Favorable in 2014: Marsh

Feb 24 2014 // The ample capacity and competition that helped temper firming of U.S. commercial insurance rates in 2013 is expected to continue into 2014, unless catastrophe losses turn out higher than expected, according to a report by...

Business Moves

Feb 24 2014 // Kemper Corp.Kemper Corp. is realigning its property/casualty business. This realignment will result in one property/casualty segment for financial reporting purposes, beginning with the first quarter 2014. The new Kemper...

10 Things to Know About Agribusiness

Feb 24 2014 // According to the United States Department of Agriculture’s 2007 Census of Agriculture, there were 2,204,792 farms in the United States, an increase of 4 percent from 2002. The average farm in the United States has...

Oklahoma, Texas Had Costliest Natural Disasters in 2013: Hartwig

Feb 24 2014 // The Oklahoma tornadoes of May 2013 not only caused significant loss of life but also contributed to its designation last year as the costliest state for natural disaster related insurance payouts, according to the...