All the headlines from our USA Topic Page, ordered by recency.
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...
Nov 1 2013 // American International Group Inc., the insurer that repaid a U.S. rescue last year, said third- quarter profit climbed 17 percent as underwriting margins improved at the property-casualty business.Net income rose to $2.17...
Nov 1 2013 // The U.S. government is studying whether it can scour social media websites for clues about potential risks from workers such as Edward Snowden and the Washington Navy Yard shooter.Snowden, a former National Security Agency...
Nov 1 2013 // Intuitive Surgical Inc., the maker of robotic surgery devices targeted by patient lawsuits, was sued by an insurer alleging the company hid the number of legal claims it might face when buying product liability...
Nov 1 2013 // The hunters tramp through neck-high prairie grass with a pair of golden retrievers named Moe and Buck, flushing out birds in a freezing autumn drizzle.When one flutters from the South Dakota grassland, Dick Schmith, 58,...
Oct 31 2013 // ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most...
Oct 31 2013 // David Howden, the chief executive of the London-based Hyperion Insurance Group, founded the company in 1994, “as a business to take on wholesale products in the international market,” he explained in a...
Oct 30 2013 // Customer satisfaction with auto insurance claims handling is improving, due in large part to insurers’ improvements in managing the first notice of loss (FNOL) process and providing faster payments to claimants,...
Oct 29 2013 // One year ago, Superstorm Sandy struck a dozen states in the Northeast and became the third costliest storm in U.S. history, after hurricanes Katrina and Andrew, according to the Insurance Information Institute...
Oct 29 2013 // Superstorm Sandy made landfall as a post-tropical cyclone on the U.S. East Coast October 29, 2012 after cutting a destructive path through the Bahamas, Cuba, the Dominican Republic, Haiti, Jamaica and Puerto Rico.Sandy is...
Oct 29 2013 // Cooper Gay Swett & Crawford (CGSC), a global wholesale and reinsurance broking group, has appointed Martin Sullivan as non-executive chairman of CGSC Delaware, the main board for the group’s North American...
Oct 29 2013 // The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation’s largest banks over conduct that fueled the financial crisis.To convince a jury that Bank of...
Oct 28 2013 // Tracking the toll of a disaster like Superstorm Sandy is not like keeping score at a baseball game. Its damage to lives and property may never be known precisely, and there are multiple ways to tally it.In the case of...
Oct 28 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced that it is “helping insurers and reinsurers prepare for current and future U.S. hurricane seasons with its...
Oct 25 2013 // The Texas Department of Public Safety (DPS) announced that a multi-agency law enforcement initiative, dubbed Operation Strong Safety, that targeted crime, unsafe commercial vehicles and unsafe driving practices has been...
Oct 25 2013 // The Chubb Corp.’s board of directors announced Thursday that John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb...
Oct 25 2013 // Pirates attacked an oil supply vessel off the Nigerian coast and kidnapped the captain and chief engineer, both U.S. citizens, American officials said on Thursday as the Nigerian military ordered its Navy to rescue the...
Oct 25 2013 // The 2013 Atlantic hurricane season looks set to go down as a big washout, marking the first time in 45 years that the strongest storm to form was just a minor Category 1 hurricane.There could still be a late surprise in...