All the headlines from our USA Topic Page, ordered by recency.
Mar 12 2013 // Maurice “Hank” Greenberg, the former American International Group Inc. chief executive, has more than doubled the size of his class action lawsuit against the United States over the insurer’s bailout to...
Mar 12 2013 // Iran’s crude oil exports in March may plunge by a quarter from a month earlier to the lowest since tight Western sanctions came into effect in 2012, industry sources said, squeezing income for Tehran as sanctions...
Mar 12 2013 // Two groups of American International Group Inc. shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Maurice “Hank” Greenberg over alleged...
Mar 11 2013 // More than one-third of U.S. nuclear power plants suffered safety-related incidents over the past three years, and nuclear regulators and plant operators need to improve inspections to prevent such events, the Union of...
Mar 11 2013 // Walnut Creek, Calif.-based CSE Insurance Group President and CEO Pierre Bize announced he will be transitioning out of his current role at the company at the end of 2013.The move comes after 19 years at the helm of CSE....
Mar 11 2013 // San Diego, Calif.-based Mitchell, a provider of technology and information to the property/casualty claims and collision repair industries, recently released its predictions for trends related to cloud computing and big...
Mar 11 2013 // Insurer American International Group Inc. eliminated the U.S. government’s last financial interest in the company on March 1, buying back warrants from the U.S. Treasury for about $25 million. The government rescued...
Mar 11 2013 // International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said.Estimated losses from Superstorm Sandy currently stand at over $16...
Mar 8 2013 // A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the...
Mar 8 2013 // A North Carolina judge has dismissed a lawsuit filed against Charlotte, its airport and an airline by the family of a teen who apparently fell to his death from the wheel well of a jet approaching Boston. Superior Court...
Mar 8 2013 // Fidelity Investments, the largest U.S. provider of workplace retirement plans, is facing more accusations it improperly uses customer money earned in overnight accounts to pay its own operating expenses.Three Massachusetts...
Mar 8 2013 // The head of the European parliament has come out firmly in favor of a trade deal with the United States, soothing concerns that the increasingly influential body could block a deal on which talks are due to start in...
Mar 7 2013 // Most large employers don’t expect to send their full-time employees to government health exchanges for insurance during the next five years, but some retirees and part-time workers will end up there, a new survey has...
Mar 6 2013 // Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed.The U.S. commercial insurance rate index, published by MarketScout, shows...
Mar 6 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disasters that occurred...
Mar 5 2013 // A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the...
Mar 5 2013 // A coalition of fiscal conservatives on Tuesday called for a steep cut in federal subsidies for crop insurance, setting up a clash with U.S. farm groups that see the program as their top priority in a new farm bill.Growers...
Mar 5 2013 // Ironshore Inc. and Lexon Surety Group have completed the first stage of a new strategic alliance in the surety market. Lexon writes over $100 million in direct written premium annually and is the 12th largest writer of...
Mar 5 2013 // Argo Group International Holdings Ltd. announced Kevin J. Rehnberg has been selected to head its U.S. operations. He is based in Argo’s San Antonio headquarters. Previously, Rehnberg served as executive vice...
Mar 4 2013 // Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe. The U.S. Federal Aviation Administration(FAA) said it would no longer directly manage routine...