All the headlines from our USA Topic Page, ordered by recency.
Dec 18 2012 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the appointment of Thomas Schild as Vice President, Political Risk Underwriter of Talbot Underwriting Services (US) Ltd. Talbot...
Dec 17 2012 // American International Group may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia’s second-largest block sale ever, exiting a business the U.S. insurer started nearly 100...
Dec 17 2012 // Extreme weather events in 2013 may look much the same as this year — but different.The weather is difficult to predict, but if the weak El Niño forecast for next year holds, it brings with it the promise of continued...
Dec 17 2012 // Although analysts following the property/casualty insurance industry expect underwriting results for 2012 to be better than 2011 when full-year numbers are tallied, double-digit overall returns-on-equity are still not...
Dec 14 2012 // A former president of Massey Energy’s White Buck Coal Co. will enter a plea on federal conspiracy charges in January as prosecutors continue to investigate the 2010 explosion at another Massey operation that killed...
Dec 14 2012 // Nearly 15,000 miles of natural gas pipeline stretch across West Virginia, and as residents of this community north of Charleston now know, devastating explosions can happen without warning.Federal regulators say there have...
Dec 14 2012 // Efforts by small banks to protect a financial crisis-era deposit insurance program suffered a significant setback on Thursday when a bill to extend the program failed to survive a procedural vote in the U.S. Senate.The...
Dec 14 2012 // Hiscox announced that “in response to growing opportunities in the US healthcare liability insurance market, Hiscox Bermuda’s healthcare team has appointed Justin Keith as Vice President –...
Dec 13 2012 // Allied World U.S. and Alteris Insurance Services, Inc. have entered into an agreement to provide a coverage program to wineries in the United States. The program will be available to wineries of all sizes throughout the...
Dec 13 2012 // Insured building values in the U.S. now exceed $40 trillion — including residential, commercial and industrial structures, according to a new report from catastrophe modeling firm Karen Clark & Co.When contents...
Dec 13 2012 // Only 15 U.S. states plan to operate health insurance exchanges under President Barack Obama’s reform law, leaving Washington with the daunting prospect of creating and operating the new online marketplaces in at...
Dec 13 2012 // To say taxpayers made money from their investment in AIG is to libel the very concept of profit.Come to think of it, it may well be a gross insult to the idea of investment too. The Treasury Department announced on Tuesday...
Dec 12 2012 // A coalition of seven eastern states led by New York plans to sue the U.S. Environmental Protection Agency for failing to issue new guidelines to curb methane emissions, a greenhouse gas that may be linked to climate...
Dec 12 2012 // A.M. Best Co. has commented that the issuer credit rating of “bbb” of American International Group is unchanged following the announcement of the U.S. Treasury’s plan to sell its remaining holdings of...
Dec 12 2012 // U.S. securities regulators charged a New Jersey-based consultant on Tuesday with defrauding investors in the China-based companies he helped make public through a backdoor method known as a “reverse merger.”The...
Dec 12 2012 // U.S. Trade Representative Ron Kirk said on Tuesday that he was optimistic a deal could be reached in Asia Pacific free-trade talks in 2013, even though tough issues remain.“It’s a negotiation. It will be very...
Dec 12 2012 // HCC Insurance Holdings Inc., headquartered in Houston, has appointed Carol T. Nevin as president of United States Surety Co. (USSC), a member of the HCC Surety Group, effective Jan. 1, 2013. She will report to Adam S....
Dec 11 2012 // The U.S. Senate voted on Tuesday to begin debating a bill that would keep a financial crisis-era deposit insurance program in place for two more years, but it will likely face strong opposition from the...
Dec 11 2012 // The U.S. Treasury’s sale of its remaining stake in American International Group Inc. will fetch $7.6 billion, bringing the government a total profit of $22.7 billion from its crisis-era bailout of the insurer.The...
Dec 11 2012 // HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year U.S. criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.HSBC admitted to a breakdown of...