All the headlines from our USA Topic Page, ordered by recency.
Dec 20 2013 // Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one.The...
Dec 20 2013 // The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal financial...
Dec 20 2013 // Members of the Massachusetts Congressional delegation, led by Congressman Bill Keating, recently sent an open letter to the Federal Emergency Management Agency (FEMA). The lawmakers argued in their letter that when FEMA...
Dec 20 2013 // Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), has praised an intergovernmental agreement signed by US Consul General Robert Settje and Bermuda Minister of...
Dec 19 2013 // The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance market through the third quarter of 2013, Marsh said in a report.For the first nine months...
Dec 19 2013 // Toyota Motor Corp.’s Camry, headed for its 12th consecutive year as the best-selling car in the U.S., returned to Consumer Reports’ recommended list after showing improvement on an insurance-industry crash...
Dec 18 2013 // BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’...
Dec 17 2013 // Nasdaq OMX Group Inc. must face some of the negligence and securities law claims by investors who alleged they suffered $500 million in damages from the exchange’s handling of Facebook Inc.’s May 2012 initial...
Dec 17 2013 // A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans.Prosecutors...
Dec 17 2013 // Global specialty insurer Torus announced from its office in London that its Syndicate 1301 business plan for 2014 has been approved by Lloyd’s. “The plan increases the syndicate’s capacity to £180...
Dec 16 2013 // A group of Catholic health and educational organizations doesn’t have to comply with federal Affordable Care Act requirements to ensure employees receive insurance coverage for contraceptives, a New York federal...
Dec 16 2013 // The Energy Unit of Ironshore’s U.S. Specialty Casualty unitis now offering enhanced insurance coverage endorsements for upstream energy risks as part of its ExcessProtect Plus Energy Commercial Excess Liability...
Dec 16 2013 // Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer.According to data compiled by SNL, GEICO logged $4.89 billion in direct premiums...
Dec 16 2013 // American International Group Inc. agreed to sell the world’s second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the business.AerCap will...
Dec 16 2013 // Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade Center, in which the Wall...
Dec 16 2013 // Insurance Australia Group Ltd. agreed to buy Wesfarmers Ltd.’s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion [US$1.653 billion] to become the largest insurer in...
Dec 16 2013 // The preliminary estimate of the number of U.S. skier/snowboarder visits for the 2012/2013 season is 56.6 million. The Rocky Mountain region had the most visits, with 19.5 million, followed by the Northeast region, with...
Dec 16 2013 // The Independent Insurance Agents & Brokers of America (Big “I”) conducts numerous charitable activities throughout the year. At the national association level, one of the primary charitable initiatives has...
Dec 16 2013 // Revenue and earnings growth for U.S. insurance brokers in 2014 is expected to improve modestly over 2013, according to a report by Fitch Ratings.Fitch, which issued a stable rating outlook and positive sector outlook for...
Dec 13 2013 // Insurers, agents, brokers and state regulators welcome modernization and improvements in the current regulation of insurance, but are not so welcoming of changes that might invite regulation by the federal government.The...