All the headlines from our USA Topic Page, ordered by recency.
Aug 8 2012 // The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic...
Aug 7 2012 // Workers with disabilities are significantly more likely to experience both nonoccupational and occupational injuries than those without disabilities, a new study revealed.Researchers at the Center for Injury Research and...
Aug 7 2012 // New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran,...
Aug 6 2012 // A small East Texas town and the county where it’s situated will implement procedures aimed at stopping racial profiling to settle a class action lawsuit that accuses former officials of shaking down innocent...
Aug 6 2012 // The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of American International Group stock, cutting the government’s stake in the bailed-out insurer to 55 percent.The sale, which...
Aug 6 2012 // Selected earnings highlights in US dollars from the Bermuda-based Catlin Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $3.010 bn...
Aug 6 2012 // USI, Kelly InsuranceUSI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction...
Aug 6 2012 // Coming off a rough few years of recession, then a disaster prone 2011 — and then more global uncertainty in 2012 — the world and the insurance industry have a few things to look forward to in the next year.They also...
Aug 6 2012 // U.S. crops are taking a beating in the worst drought since 1988 but most farmers are not sweating like they did 24 years ago when a drought hit as they were just starting to recover from a farm depression that brought down...
Aug 3 2012 // The U.S. House of Representatives passed a $383 million disaster relief bill on Thursday that provides political shelter for lawmakers during the worst drought in half a century, but may not release the aid for months to...
Aug 3 2012 // The Royal Bank of Scotland, which is majority owned (82 percent) by the UK government, confirmed on Friday it has dismissed a number of employees for misconduct as a result of its investigations into the Libor interest...
Aug 2 2012 // Shares of Monsanto, the world’s largest seed company, rose on Thursday and DuPont shares fell after Monsanto won a $1 billion victory over its archrival in a lawsuit concerning patents in the agricultural seed...
Aug 2 2012 // Democrats and Republicans agree that the next U.S. president will have to contend with rising healthcare costs that pose a growing, destabilizing burden for families, employers and government budgets.But two articles...
Aug 1 2012 // President Barack Obama announced new U.S. sanctions on Tuesday against foreign banks that help Iran sell its oil and said the measure would increase pressure on Tehran for failing to meet its international nuclear...
Aug 1 2012 // Allen Stanford’s U.S. court-appointed receiver may keep control of the process to collect and distribute the convicted Ponzi schemer’s assets to victims, defeating a bid by Caribbean liquidators, a U.S. federal...
Aug 1 2012 // Leading European banks reported dismal profits on Tuesday, blaming everything from the continent’s debt crisis and Spain’s property market crash to Facebook’s disastrous stock market debut.Within a space...
Jul 31 2012 // U.S. lawmakers moved a step closer to finalizing new sanctions aimed at further restricting Iran’s oil revenues after negotiators from the Senate and House of Representatives agreed on a compromise bill on Monday.The...
Jul 30 2012 // AIG is launching a public relations campaign to repair its reputation.Last Thursday, the once-mighty insurance giant American International Group posted several videos on YouTube, www.youtube.com/aig , proclaiming that AIG...
Jul 30 2012 // HSBC’s chief executive apologized on Monday for shameful and embarrassing mistakes made on anti-money laundering controls as the bank set aside $2 billion to cover the cost of U.S. investigations and compensate UK...
Jul 27 2012 // The Obama administration on Friday said it is on track to set up federal health insurance exchanges by 2014 in U.S. states that fail to establish their own regulated insurance markets as required by the U.S. healthcare...