All the headlines from our USA Topic Page, ordered by recency.
Oct 4 2012 // U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011, with insurers’ overall profitability as measured by their annualized rate...
Oct 4 2012 // The Dodge Dart, the model Chrysler is betting on becoming a top-selling small car, was among four new vehicles on the U.S. market to receive a top crash-test rating by an influential safety group on Wednesday.The 2013...
Oct 3 2012 // In 2012, large U.S. companies and their employees saw the lowest health care premium rate increases in six years, according to an analysis by Aon Hewitt, the global human resources firm.The average health care premium rate...
Oct 3 2012 // New research, conducted by market research consultants Finaccord, reveals that “competition among underwriters of professional indemnity insurance in Australia and Canada is at least as strong as in Europe’s...
Oct 3 2012 // New York state’s lawsuit against JPMorgan Chase & Co. alleging fraud in mortgage-backed securities sold by Bear Stearns may be one of the broadest cases to come out of the financial crisis, but its impact is...
Oct 3 2012 // The U.S. Supreme Court on Tuesday considered whether the federal government could be liable for money damages by printing confidential credit card information on a customer’s receipt, increasing the risk of identity...
Oct 2 2012 // The co-founders of defunct St. Louis-area auto service contract seller, US Fidelis, has been sentenced to prison on charges of stealing consumers’ refunds, insurance fraud and consumer fraud.Missouri Attorney General...
Oct 2 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group...
Oct 2 2012 // The U.S. Supreme Court refused to consider an appeal by Bank of America Corp.’s Merrill Lynch unit of a ruling that allowed black brokers who accused it of bias to pursue their lawsuit as a class action.Without...
Oct 2 2012 // World Trade Organization Director General Pascal Lamy on Monday acknowledged the Geneva-based grouping has been a “disappointing” forum for trade liberalization but placed the blame for moribund world trade...
Oct 1 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe)...
Oct 1 2012 // The U.S. Supreme Court has agreed to review close to 40 cases in its new term that begins on Monday, roughly half the number the court is expected to hear this year. Below are some of the more prominent cases that the...
Sep 26 2012 // When Sheila Bair showed up for a meeting in then-Treasury Secretary Hank Paulson’s office in October 2008, the bank regulator had no idea she was about to be asked to guarantee the debts of the entire $13 trillion...
Sep 26 2012 // A U.S. judge has certified a class action lawsuit against Costco Wholesale Corp. over allegations of gender discrimination in the store’s promotion practices.Three women plaintiffs say Costco’s promotion system...
Sep 26 2012 // Hundreds of former Chrysler LLC executives claiming they lost retirement benefits because of age bias can sue the company’s former parent Daimler AG, a U.S. appeals court ruled on Tuesday.More than 450 former auto...
Sep 25 2012 // USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The transaction was...
Sep 24 2012 // A U.S. judge rejected Wal-Mart Stores Inc.’s request to dismiss a gender discrimination case filed in California, but said he would rule later about whether the women plaintiffs had enough evidence to be certified as...
Sep 24 2012 // Catalina Holdings (Bermuda) Ltd has announced that it has signed a definitive Share Purchase Agreement to acquire 100 percent of the shares in KX Reinsurance Company Limited, including KX Re’s wholly owned subsidiary...
Sep 24 2012 // China has eased restrictions on foreign companies in parts of its insurance, travel and delivery industries in a possible effort to reverse a slide in investment from abroad, an American business group said Friday.Some of...
Sep 24 2012 // We have a news item in this Sept. 24 issue, on page 8, that marks a milestone for one of the most talked about U.S. corporations in recent times.For the first time since its $182 billion bailout by the U.S. Treasury...