All the headlines from our USA Topic Page, ordered by recency.
Nov 8 2013 // Rural neighbors of an abandoned World War II-era copper mine that has leaked toxic chemicals in northern Nevada for decades have won up to a $19.5 million settlement from companies they accused of covering up the...
Nov 8 2013 // U.S. bus regulators are overlooking or not catching serious safety hazards before fatal crashes and need to change their auditing practices, the National Transportation Safety Board said.The U.S. Federal Motor Carrier...
Nov 7 2013 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced Douglas Worman will join the company on Nov. 11 as executive vice president and chief...
Nov 7 2013 // American International Group Inc. has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008.The settlement came as a trial was due to have...
Nov 6 2013 // While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims resumed an upward climb in 2012, according to a new A.M. Best...
Nov 6 2013 // ING Groep NV, the biggest Dutch financial-services company, will complete its reorganization two years earlier than planned after winning regulators’ permission to combine its Japanese insurance unit with European...
Nov 5 2013 // America’s European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the Clinton...
Nov 5 2013 // A U.S. housing regulator said on Tuesday that it would ban some fees and commissions that borrowers are compelled to pay when their own home insurance coverage lapses.The Federal Housing Finance Agency said it was aiming...
Nov 5 2013 // Morgan Stanley, the sixth-largest U.S. bank by assets, said it may be sued by American International Group Inc. over mortgage-backed securities that the insurer bought before the financial crisis.AIG purchased $3.7 billion...
Nov 5 2013 // The U.S. Supreme Court on Monday let stand Facebook Inc.’s $9.5 million class action settlement over allegations the social networking company’s defunct “Beacon” service violated its members’...
Nov 4 2013 // Bank of America Corp. has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc.In a decision made public on Monday,...
Nov 4 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, 2013 in New York City. The...
Nov 4 2013 // Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement.The...
Nov 4 2013 // A requirement of President Barack Obama’s health care law that group insurance plans cover contraceptives may violate religious freedom, a U.S. appeals court said, widening a split among the circuits and making it...
Nov 4 2013 // Japan will receive international help with the cleanup at the Fukushima atomic station once it joins an existing treaty that defines liability for accidents at nuclear plants, U.S. Energy Secretary Ernest Moniz said.The...
Nov 4 2013 // After a sluggish start to the year, merger and acquisition (M&A) activity gained some momentum in the third quarter. With 55 transactions announced from July to September, the third quarter comprised 42 percent of the...
Nov 4 2013 // Sales of new single-family houses reached a seasonally adjusted annual rate of 421,000 in August, 7.9 percent above the revised July 2013 estimate of 390,000. (U.S. Census Bureau) There were roughly 24,400 completions of...
Nov 4 2013 // Aspen ReBermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Ltd., has formed Rock Re, a new dedicated brokered property facultative unit within its U.S. operation. Rock Re will build on...
Nov 4 2013 // U.S. homeowners insurance is showing significant growth opportunities, says a new report from Aon Benfield, a reinsurance intermediary and capital advisor of Aon plc.The report, titled “Homeowners ROE Outlook: 2013...
Nov 4 2013 // The former founder and chairman of the board of The Legacy Network, an insurance brokerage agency in Rexburg, Idaho, and his son were sentenced in October in United States District Court in Pocatello.The sentencing was...