All the headlines from our USA Topic Page, ordered by recency.
Jun 29 2012 // Fitch’s ratings said its U.S. healthcare ratings already incorporate an expectation of full implementation of the Patient Protection and Affordable Care Act (ACA) and thus there are no changes to ratings as a result...
Jun 29 2012 // Just one year ago Jeff Scates saw the worst flooding on his southern Illinois farmland since 1937. Today, Scates is watching his corn fields shrivel from the driest season in 24 years.“We’ve gone from one...
Jun 29 2012 // The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a country whose support it needs to try to quell violence in Syria and rein in Tehran’s...
Jun 28 2012 // California Insurance Commissioner Dave Jones praised the U.S. Supreme Court’s decision on Thursday to uphold the Affordable Care Act – and he took the opportunity to state his support for health rate hike reviews...
Jun 28 2012 // Federal regulators reported that a North Texas-based construction company will pay more than $10 million to settle disability discrimination allegations related to the construction of multi-family housing.The U.S....
Jun 28 2012 // The nation’s highest court won’t review rulings that require Louisiana’s property insurer of last resort to pay an estimated $110 million to individuals whose claims were not timely addressed after...
Jun 28 2012 // Industry and other reactions to the U.S. Supreme Court decision upholding the Patient Protection and Affordable Care Act have been coming in. Readers are encouraged to offer their own reactions in Comments...
Jun 28 2012 // The U.S. Supreme Court is set to deliver on Thursday its ruling on President Barack Obama’s 2010 healthcare overhaul, his signature domestic policy achievement, in a historic case that could hand him a huge triumph...
Jun 28 2012 // The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada is the Group’s Canadian underwriting hub, headquartered in Toronto with...
Jun 28 2012 // The U.S. Supreme Court’s ruling on President Barack Obama’s 2010 healthcare law, expected on Thursday, may have wide-ranging political and economic implications.Here is a look at possible scenarios for...
Jun 27 2012 // Fort Smith, Ark.-based Baldor Electric Co. has agreed to pay $2 million to settle a discrimination allegation by the U.S. Labor Department, but the company denied bias in its hiring practices.The Labor Department alleged...
Jun 27 2012 // A new team at The Hartford is offering specialized services for benefits brokers, in order to meet the changing needs of small business owners and their employees.The Hartford recently launched a small business center...
Jun 27 2012 // Insurance markets have evolved over the years to become increasingly global, interconnected, and convergent — a trend that will undoubtedly continue in years to come. The National Association of Insurance Commissioners...
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
Jun 27 2012 // Swiss Re’s latest sigma study concludes that “global overall premiums declined 0.8 percent in real terms in 2011. While non-life premiums expanded 1.9 percent on solid economic growth in emerging markets and...
Jun 26 2012 // Tropical Storm Debby made landfall near Steinhatchee, Florida on Tuesday, the U.S. National Hurricane Center said. It is the first tropical storm of 2012 to form in the Gulf of Mexico. “Debby is expected to weaken to...
Jun 26 2012 // ACE USA has expanded its International Advantage product to offer enhanced coverages for the risks faced by professional services employees doing business overseas. Three foreign package offerings designed for accountants...
Jun 26 2012 // A Fremont, Neb., man has been sentenced to 18 months in federal prison for a wire fraud conviction that cost banks and insurance companies in Nebraska and Iowa millions of dollars.Thomas Herink was sentenced in...
Jun 26 2012 // Although insurance rates have been drifting upward in recent months, the property/casualty industry is unlikely to see a return to the traditional hard market this year or next, an insurance expert told reinsurance...
Jun 26 2012 // South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government said they would be suspended from July 1 due to a European Union ban on insuring tankers carrying...