All the headlines from our USA Topic Page, ordered by recency.
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...
Sep 24 2012 // Marsh & McLennan Cos. appointed J. Michael Bischoff as chief financial officer. Bischoff has been serving as interim CFO since March 2012 when then-CFO Vanessa Wittman resigned to join Google as its Motorola Mobility...
Sep 24 2012 // ACE American Insurance Co. recently filed a lawsuit against OneBeacon U.S. Holdings Inc. In its lawsuit, filed in Pennsylvania, ACE alleges that OneBeacon poached the entire eight member-team that made up ACE’s East...
Sep 24 2012 // More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic.CoreLogic’s Wildfire Hazard Risk Report...
Sep 23 2012 // Three U.S. states have joined a lawsuit that challenges the constitutionality of the 2010 Dodd-Frank law that overhauled U.S. financial oversight and created the Consumer Financial Protection Bureau.The attorneys general...
Sep 21 2012 // Argo Group International Holdings Ltd. has promoted Josh Betz to president of Argo Surety, Argo Group’s Houston, Texas-based U.S. surety operation. He reports to Chief Financial Officer Jay Bullock. Betz previously...
Sep 21 2012 // The worst drought to hit the United States in a half century expanded in the upper Midwest and northern Plains states in the past week due to warmer- and drier-than-normal weather, but loosened its grip on some central and...
Sep 20 2012 // A report out Thursday urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change.In short, the report, its authors and those endorsing...
Sep 20 2012 // Privately-owned U.S. computer networks remain vulnerable to cyber attacks, and many U.S. companies are not doing enough to protect them, Deputy U.S. Defense Secretary Ashton Carter said on Wednesday.“I hope this...
Sep 20 2012 // John Hancock Life Insurance Co. and its law firm, Edwards Wildman Palmer, must face a class action accusing them of violating racketeering laws by marketing a tax shelter, a federal appeals court ruled on Wednesday.The 6th...
Sep 20 2012 // A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained outages on their...
Sep 20 2012 // A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including insurance] would give the global economy a much-needed boost, top trade officials said...
Sep 19 2012 // A former co-owner of auto service contract seller US Fidelis has been sentenced to more than three years in federal prison.Cory Atkinson of Lake St. Louis, Mo., was sentenced Sept. 18 in St. Louis. He pleaded guilty in...