All the headlines from our USA Topic Page, ordered by recency.
Jun 25 2012 // Lloyd’s has published a roundup of the environmental issues inherent in as the world grows warmer. The recently concluded Rio +20 Conference was an attempt – 20 years after the first conference – “to try to...
Jun 25 2012 // The UK-based BMS Group, an independent global broker, announced the appointment of delegated authority underwriter Gene Hinman, who will join its Managing General Agent (MGA) platform, Pioneer Underwriting Ltd, in a move...
Jun 24 2012 // Tropical Storm Debby meandered slowly to the Florida coast on Sunday, bringing strong winds and waves that forced the closure of about a quarter of offshore oil and gas production in the Gulf of Mexico and spawning...
Jun 22 2012 // Energy companies began evacuating non-essential personnel from operations in Gulf of Mexico on Friday due to the threat of a weather system in the region developing into a tropical cyclone.Anadarko Petroleum Corp. and...
Jun 22 2012 // Authorities said a former U.S. Postal Service employee has pleaded guilty to receiving over $18,000 in fraudulent workers’ comp benefits.The U.S. Attorney’s Office for Northern District of New York said Thomas...
Jun 22 2012 // A federal judge said on Thursday that shareholders can proceed with a lawsuit accusing Goldman Sachs Group Inc. of concealing conflicts of interest in several collateralized debt obligation transactions, the fallout from...
Jun 22 2012 // Ratings agency Moody’s Investors Service downgraded 15 of the world’s biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital...
Jun 22 2012 // On the heels of the decision by the U.S. Federal Reserve to maintain the target fed funds rate at zero to 25 basis points Swiss Re’s Chief Economist, Kurt Karl, commented: “The US economy has been weak...
Jun 22 2012 // U.S. health insurance companies are due to pay out $1.1 billion in rebates to employers and individuals this summer, under a new industry regulation imposed by President Barack Obama’s health care law, the...
Jun 21 2012 // In a rare instance of law firms compensating investors burned in the mortgage meltdown, Greenberg Traurig and Quarles & Brady moved closer on Wednesday to settling a class action that accused them of participating in a...
Jun 21 2012 // State and federal officials say an Oklahoma hospital and physician have agreed to a $1,550,000 payout to settle a health care fraud case.Sanford C. Coats, U.S. attorney for the Western District of Oklahoma, and Oklahoma...
Jun 21 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of Auto-Owners Insurance Company and its four wholly owned...
Jun 21 2012 // Calling London a haven of regulatory loopholes that spawns financial trading disasters could make it harder to align new transatlantic rules, figures in London’s financial and legal circles said on...
Jun 20 2012 // For the second time in four days, the former co-owner of a once prominent marketer of auto service contracts has pleaded guilty.Cory Atkinson of Lake St. Louis, Mo., on June 18 pleaded guilty to federal charges including...
Jun 20 2012 // Europe won support from world leaders on Tuesday for an ambitious, but slow-moving, overhaul of the euro zone, even as pressure built in financial markets for quicker solutions to its debt crisis that threatens the world...
Jun 20 2012 // San Diego, CA, 06/20/2012 – With summer officially starting today and the boating season already underway, the Marine Program at Arrowhead General Insurance Agency, Inc. is pleased to offer its producers a team of...
Jun 19 2012 // As Hurricane Season begins, Privilege Underwriters Reciprocal Exchange (PURE) has launched a flood coverage suite to owners of well-built, high-value homes across most of the United States. PURE Flood Solutions is a...
Jun 19 2012 // Former billionaire Allen Stanford was sentenced in Houston to 110 years in prison on July 14 for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean....
Jun 19 2012 // Federal prosecutors say a Texas-based hospital system has paid millions of dollars to settle a false claims lawsuit.Christus Spohn Health System Corp. has paid the United States more than $5 million to settle allegations...
Jun 19 2012 // A South Texas attorney has been convicted on charges related to bribing a judge for favorable rulings in court cases, including insurance related litigation.United States Attorney Kenneth Magidson announced that Ray Roman...