All the headlines from our USA Topic Page, ordered by recency.
Dec 27 2012 // Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The...
Dec 27 2012 // As well as too-big-to-fail it looks as if we must think of our largest banks as too-big-to-punish as well.After comments from top U.S. Justice Department officials in the wake of the $1.5 billion settlement with UBS over...
Dec 27 2012 // In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company’s lawsuit accusing a former Toronto-area employee of using her home...
Dec 26 2012 // A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill.The order only addressed the settlement of economic...
Dec 26 2012 // Toyota Motor Corp. has agreed to spend $1.1 billion to settle sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker seeks to move past the...
Dec 26 2012 // Two U.S. senators from Montana are urging federal safety regulators to wrap up a yearlong study into whether oil spills into rivers, lakes and other water bodies across the U.S. have resulted from inadequately buried...
Dec 26 2012 // Federal authorities announced last week that a North Carolina farmer pleaded guilty to conspiracy to commit fraud on the federal crop insurance program for payments worth over $1 million.According to authorities, Harry...
Dec 26 2012 // Progress in making insurance regulatory changes has been slow, and there’s really nothing to indicate that the situation will change in the near future. The United States, however, has managed to make some relevant...
Dec 21 2012 // An industry group says Texas homeowners are paying the highest insurance premiums in the country.The report was released Tuesday by the National Association of Insurance Commissioners. The Dallas Morning News reported the...
Dec 21 2012 // While banks appear to be brushing off record fines for rigging interbank interest rates, investors are starting to worry about a rising tide of civil lawsuits from disgruntled customers.UBS shares touched 18 month highs...
Dec 21 2012 // Global temperatures are forecast to be 0.57 degrees [1.026°F] above the long-term average next year, making 2013 one of the warmest years on record, Britain’s Met Office, the UK’s national weather service,...
Dec 20 2012 // XL Group plc’s North American marine business is expanding its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as...
Dec 20 2012 // A federal jury awarded $4.5 million to Southern California Filipino teachers who paid large fees to obtain U.S. jobs through a placement agency.Jurors on Monday found that Los Angeles-based Universal Placement...
Dec 20 2012 // A final version of new U.S. economic sanctions against Iran would give the Obama administration more time to implement measures aimed at its energy, shipping and port sectors, but otherwise was little changed from an...
Dec 19 2012 // A Japanese company that manufactured the troubled steam generators at a key nuclear power plant in southern California might be looking for fixes with the wrong test equipment, U.S. federal regulators have disclosed.A...
Dec 19 2012 // Bermuda-based PartnerRe Ltd. announced a definitive agreement to acquire California-based Presidio Reinsurance Group, a U.S. specialty accident and health reinsurance and insurance writer.PartnerRe said it would...
Dec 19 2012 // According to Swiss Re’s sigma preliminary estimates, economic losses from natural catastrophes and man-made disasters will likely reach at least $140 billion in 2012, while total insured losses from natural...
Dec 19 2012 // One of the most heavily litigated insurance issues in coverage liability cases related to outbreaks of widespread food borne illnesses is the determination of occurrence where multiple people in multiple states are...
Dec 18 2012 // The family of a slain Arizona Border Patrol agent has sued federal officials over the botched “Fast and Furious” gun operation, claiming they should have known it created a risk to law enforcement...
Dec 18 2012 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of Chicago-based Hiscox Insurance Company, Inc....