All the headlines from our USA Topic Page, ordered by recency.
Oct 26 2012 // A business lobby group has called on 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...
Oct 26 2012 // Bank of America Corp. employees could face civil fraud charges as part of a federal lawsuit accusing the bank of causing taxpayers more than $1 billion in losses by selling toxic mortgage loans to Fannie Mae and Freddie...
Oct 26 2012 // Hurricane Sandy pounded the Bahamas with battering winds and rain on Friday, sweeping over the island chain after killing 21 people across the Caribbean and posing a menacing threat to the U.S. East Coast.Forecasters...
Oct 25 2012 // Hurricane Sandy swelled into a major threat to much of the U.S. East Coast on Thursday after lashing Cuba with heavy rains and tree-toppling winds and swirling through the Bahamas, U.S. forecasters said.Strengthening...
Oct 25 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...
Oct 25 2012 // Energy drinks do not always divulge how much caffeine they contain, and when an amount is listed on a label, it is not always accurate, Consumer Reports magazine has found.According to a study released on Thursday by the...
Oct 25 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...
Oct 24 2012 // The Pennsylvania Insurance Department this week approved the pending deal by Israel’s Clal Insurance Enterprises Holdings to sell its U.S. unit to Berkshire Hathaway Inc.’s National Indemnity Co. The deal to...
Oct 24 2012 // The United States filed a civil mortgage fraud lawsuit against Bank of America Corp., accusing it of selling thousands of toxic home loans that later defaulted to Fannie Mae and Freddie Mac, leading to more than $1 billion...
Oct 24 2012 // A monthly reading of U.S. private sector employment has been revamped to put it more in line with the closely watched government nonfarm payrolls report.Automatic Data Processing said on Wednesday it had made the changes...
Oct 23 2012 // The U.S. Food and Drug Administration said on Monday that it is investigating reports of five deaths that may be associated with Monster Beverage Corp.’s namesake energy drink, and the company’s shares fell...
Oct 22 2012 // Liberty International Underwriters has set up a Dallas-based operation dedicated to handling Global Crisis Management (GCM) business for the southeastern and southwestern U.S.Led by Tom Dunlap, assistant vice president and...
Oct 22 2012 // A U.S. trial has been set for next fall in a Chevron Corp lawsuit that accuses Ecuadorean residents, their lawyers, and advisers of fraud in obtaining a $19 billion pollution award against the U.S. oil company.U.S....
Oct 22 2012 // Executives at the Boston-area pharmacy whose steroid shots have been linked to a deadly U.S. meningitis outbreak have been sued in a bid to freeze their personal assets, while the death toll in the scandal rose to 21, with...
Oct 22 2012 // A slow trend toward economic recovery in the U.S. may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities.The good news is growth in sales and...
Oct 22 2012 // Counterfeit Airbags“Anytime equipment that is critical to protecting drivers and passengers fails to operate properly, it is a serious safety concern.” —U.S. Transportation Secretary Ray LaHood. The National...
Oct 22 2012 // Senators from the U.S. Gulf Coast have urged President Barack Obama to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars...
Oct 22 2012 // Counterfeit Airbags“Anytime equipment that is critical to protecting drivers and passengers fails to operate properly, it is a serious safety concern.” —U.S. Transportation Secretary Ray LaHood. The National...
Oct 22 2012 // Policyholders’ Surplus“The $17.5 billion increase in policyholders’ surplus to a near-record-high $567.8 billion at June 30, 2012, is a testament to the strength and safety of insurers’ commitment...
Oct 22 2012 // Fiscal Consequences“If you’re right about this, the consequences are enormous for the federal fisc.” –Justice Ruth Bader Ginsburg told John Jacobs, a lawyer whose client James Bormes had brought a...