All the headlines from our USA Topic Page, ordered by recency.
Jun 5 2012 // “People like us who buy Ferraris don’t care too much about insurance because we buy cars for speeding,” said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a...
Jun 4 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...
Jun 4 2012 // W.R. BerkleyGreenwich, Conn.-headquartered W. R. Berkley Corp. announced that it formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore will...
Jun 4 2012 // Richard Knabb, the tropical weather expert at The Weather Channel, will be the next chief of the National Hurricane Center.Knabb started working at the hurricane center in 2001. He was a senior hurricane specialist at the...
Jun 4 2012 // What would happen to the auto insurance industry if automobile safety improves to the point that vehicle collisions become relics of the past?That’s the question explored by global consulting and research firm,...
Jun 4 2012 // Sufficient capacity remains available in the insurance and reinsurance markets to meet the demand for coverage prior to the approaching U.S. hurricane season, according to Fitch Ratings.Early forecasts for the 2012 U.S....
Jun 4 2012 // Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency...
Jun 4 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 1 2012 // The mother of a troubled Gulf War veteran who was shot dead in his car during a standoff with Las Vegas police is seeking tens of millions of dollars in damages in a lawsuit claiming a lack of departmental training and...
Jun 1 2012 // The European Commission and the U.S. Transport Security Administration have agreed to recognize each other’s air cargo security regimes, a move that will cut costs for carriers, an EU executive said on...
Jun 1 2012 // A U.S. judge dismissed Oracle Corp.’s copyright claims against Google Inc. for parts of the Java programming language, knocking out Oracle’s prime vehicle for damages in a high stakes legal battle over...
May 31 2012 // Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, its chief executive said on Thursday.“I love the insurance distribution...
May 31 2012 // Britain’s No.1 insurer Prudential Plc on Thursday said it will buy life insurer SRLC America Holding Corp. from Swiss Re AG for 398 million pounds in cash. It said the purchase would be made through...
May 30 2012 // Facebook’s initial public offering has sparked lawsuits and investigations after a botched trading debut on the Nasdaq stock market delayed the completion of many orders and questions arose about selective...
May 30 2012 // A former home appraiser will receive $14.5 million as part of a whistleblower lawsuit that accused subprime lender Countrywide Financial of inflating appraisals on government-insured loans, his attorneys said Tuesday.Kyle...
May 29 2012 // The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse...
May 29 2012 // For eight years, hundreds of victims of militant attacks in Israel have pursued litigation against a Jordanian bank they claim provided financial services to Hamas and other militant groups. Now the plaintiffs have a new...
May 29 2012 // Four former executives at Berkshire Hathaway Inc.’s General Re Corp. and one at American International Group Inc. are in talks to settle a long-running criminal case accusing them of engineering a reinsurance...
May 25 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational...
May 25 2012 // Sufficient capacity remains available in the insurance and reinsurance markets to meet the demand for coverage prior to the approaching U.S. hurricane season, according to Fitch Ratings.Early forecasts for the 2012 U.S....