All the headlines from our USA Topic Page, ordered by recency.
Nov 5 2012 // The Virginia Supreme Court ruled last week that home damages that were allegedly caused by Chinese drywall are excluded from TravCo Insurance Co.’s “all risk” homeowners insurance policy.TravCo Insurance...
Nov 5 2012 // Leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global growth.Unless...
Nov 5 2012 // Corn farmers who chose to pay more to insure their crops at harvest prices have gotten some welcome news from the U.S. Department of Agriculture.Farmers who bought the more expensive crop insurance option last spring will...
Nov 5 2012 // The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago.The quarterly results, released on Oct. 25, got a boost from...
Nov 5 2012 // OneBeacon, Markel Corp.Bermuda-domiciled OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Glen Allen, Va.-headquartered Markel Corp. Essentia focuses on the collector car and boat business that...
Nov 5 2012 // Gone Fishing“We might not get off here until Tuesday or Wednesday, which doesn’t hurt my feelings that much because the fishing’s going to be really good after this storm. It’s always good after a...
Nov 5 2012 // The National Association of Insurance Commissioners (NAIC) acts as the trade association for state insurance commissioners. The Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) delegated to the NAIC responsibility for...
Nov 5 2012 // A business lobby group wants the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce Institute for...
Nov 5 2012 // It’s interesting to see what’s on people’s minds as potential catastrophes develop.Google’s top search on Oct. 29 as Hurricane Sandy approached the East Coast were for the “Weather...
Nov 5 2012 // If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance...
Nov 5 2012 // The U.S. Food and Drug Administration’s power to regulate compounded drugs similar to those linked to a deadly meningitis outbreak is legally nonbinding and lacks the authority of stringent standards imposed on drug...
Nov 5 2012 // A day before more than 9 million people in California took part in a massive nationwide earthquake drill in mid-October, U.S. Geological Survey seismologist Lucy Jones stood in a room full of risk professionals in the San...
Nov 5 2012 // More than 9.4 million Californians reportedly practiced the “Drop, Cover, and Hold On” drill in mid-October in preparation for a major earthquake.The 2012 Great California ShakeOut involved record numbers of...
Nov 5 2012 // William Gibson coined the phrase “cyberspace” in his popular science fiction novel “Neuromancer” “to describe the real and cultural dynamics of people and machines working within the confines...
Nov 5 2012 // The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some recent efforts aimed at putting...
Nov 2 2012 // Superstorm Sandy is threatening to drag the U.S. government’s debt-ridden flood insurance program back into the political crosshairs just months after Congress attempted to put the controversial program on a sound...
Nov 2 2012 // From New York City’s Staten Island to the popular beach towns of the Jersey Shore, rescuers and officials on Friday faced growing evidence of widespread destruction wrought by superstorm Sandy, mounting anger over...
Nov 1 2012 // American International Group Inc. earned a larger-than-expected profit during the third quarter, due in part to big gains on its investment holdings.Questions about the sustainability of those profits, and uncertainty...
Nov 1 2012 // Cargo shipping was at a standstill on Oct. 30 on the Great Lakes as superstorm Sandy churned waves up to two stories high, forcing crews to take refuge in bays and harbors and raising concerns about an economic blow if the...
Nov 1 2012 // Barclays, already rocked by an interest-rate rigging scandal, on Wednesday disclosed new U.S. regulatory investigations into the bank’s financial probity and also said its profit was hit by charges for mis-selling...