All the headlines from our USA Topic Page, ordered by recency.
Nov 9 2012 // Torus has expanded its U.S. management liability and professional lines practice with the addition of two new specialty insurance products: media liability coverage for the media & entertainment segment; and financial...
Nov 8 2012 // Washington Insurance Commissioner Mike Kreidler won nearly six in 10 votes in his re-election bid, giving him bragging rights as the U.S.’s longest currently serving insurance commissioner.Kreidler won 57.7 percent...
Nov 8 2012 // The U.S. national weather forecaster has called off its El Niño watch five months after raising the alert as it is now less likely that the much-feared phenomenon that can wreak havoc on global weather will emerge.Since...
Nov 8 2012 // Aviva, the UK’s second-biggest insurer, is closing in on the sale of its underperforming U.S. business, a key part its drive to strengthen its finances in an uncertain economic climate and revive its share price.The...
Nov 8 2012 // Superstorm Sandy may consign as many as a quarter of a million new and used cars and trucks to the scrap heap, a loss that could eventually lead to a spike in new auto sales, automakers and dealers said.So far, automakers...
Nov 8 2012 // Federally subsidized crop insurance will be a big target for lawmakers looking to cut the budget deficit in the lame-duck session of Congress opening next week, agricultural policy experts agreed the morning after a...
Nov 7 2012 // [The National Weather Service updated its nor’easter forecast Wednesday morning. The agency said this strengthening coastal storm will impact northeast Wednesday into Thursday. A low pressure system off the...
Nov 7 2012 // “Elections have consequences, and Eric, I won,” President Barack Obama famously told House Republican Whip Eric Cantor shortly after his first inauguration in January 2009.Four years later, Wall Street as well...
Nov 6 2012 // Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter and part of the W.R. Berkley Group, announced that it has “been accredited as a Coverholder on behalf of Lloyd’s of...
Nov 6 2012 // The U.S. Supreme Court considered appeals by Comcast Corp. and Amgen Inc. that could help determine what kind of evidence must be presented before companies may be the subject of class-action lawsuits.Monday’s...
Nov 5 2012 // For the insurance industry, there is more at stake in the Nov. 6 election than who goes to or stays in the White House and Congress.The insurance industry will be watching who wins the gubernatorial races in 11 states,...
Nov 5 2012 // Widespread power outages and subway shutdowns may wind up making Superstorm Sandy the second most expensive storm in U.S. history. That would rank it right behind Hurricane Katrina.Eqecat said last week that the damage...
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...