Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

FDA Steps Up Scrutiny of Metal Hip Implants

Mar 30 2012 // The U.S. Food and Drug Administration responded to mounting concerns about the safety of metal-on-metal hip implants, saying it would subject the devices to a two-day expert review that could lead to rigorous new...

Nike Wins Court Order Halting Sale of Tebow Apparel by Reebok

Mar 30 2012 // Nike Inc. has won a court order blocking rival Reebok International Ltd. from selling New York Jets apparel bearing the name of the popular quarterback Tim Tebow, in a battle over licensing rights.The order issued late on...

Insurance Claims Firm Cunningham Lindsey Put Up for Sale

Mar 29 2012 // Cunningham Lindsey, an insurance claims management company controlled by buyout firm Stone Point Capital LLC, is up for sale and could fetch more than $1 billion, sources familiar with the situation said.Bank of America...

Supreme Court Limits Pilot’s Damages in HIV Privacy Claim vs. Government

Mar 29 2012 // The U.S. Supreme Court ruled on Wednesday that a pilot from San Francisco, whose status as HIV-infected was disclosed by one federal agency to another one in violation of a privacy law, cannot sue for damages for mental...

Lloyd’s Posts $822 Million Overall Loss for 2011

Mar 28 2012 // The loss, announced today by Lloyd’s of London, shows just how severe the second costliest year for catastrophes on record for the insurance industry actually was. Lloyd’s announced a loss of £516 million...

Supreme Court Hears More Healthcare Law Arguments

Mar 28 2012 // The fate of President Barack Obama’s healthcare overhaul will be on the line on Wednesday when the U.S. Supreme Court considers whether the entire law must fall without its centerpiece insurance mandate.Completing...

$370 Billion Econ. Losses for 2011; $116 Billion Insured, Says Swiss Re

Mar 28 2012 // Although everyone is more or less aware that 2011 was a very bad year for losses from natural catastrophes, the figures compiled by Swiss Re evince just how bad they actually were. In its latest sigma study the reinsurer...

It’s Tsunami Preparedness Week, Now Go Sell a Policy

Mar 27 2012 // It’s Tsunami Preparedness Week, and that means states that border the Pacific Ocean may be hearing more buzz about the rare but deadly act of nature that poses catastrophic risks to coastal regions.If you’re...

How AIG Will – or Won’t – Generate a Bailout Profit for Taxpayers

Mar 27 2012 // CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines...

Supreme Court Gets Florida Dispute Over Vessel vs. Floating Home

Mar 26 2012 // Court documents refer to it as “that certain unnamed gray, two-story vessel approximately 57 feet in length.”To Fane Lozman, it was a floating Florida home never intended to sail the seas. Now, a long-running...

U.S. Supreme Court Upholds West Virginia Law on Arbitration in Nursing Home Cases

Mar 26 2012 // The U.S. Supreme Court has upheld a West Virginia law that allows nursing homes to use pre-dispute arbitration agreements with residents that prevent them from suing in medical malpractice cases.In a recent case, [Marmet...

Supreme Court Begins Healthcare Law Debate

Mar 26 2012 // Two years after President Barack Obama signed into law a healthcare overhaul, the U.S. Supreme Court on Monday took up a historic test of whether it is valid under the country’s Constitution.The sweeping law intended...

Judge Orders Feds to Begin Proceedings to Remove Antibiotics in Animal Feed

Mar 23 2012 // A federal judge on Thursday ordered U.S. regulators to start proceedings to withdraw approval for the use of common antibiotics in animal feed, citing concerns that overuse is endangering human health by creating...

U.S. Intelligence Report Sees Global Water Conflict Risks Rising

Mar 23 2012 // Fresh water supplies are unlikely to keep up with global demand by 2040, increasing political instability, hobbling economic growth and endangering world food markets, according to a U.S. intelligence assessment released...

Texas’ 2011 Drought Costliest in State History, Researchers Say

Mar 22 2012 // Texas agriculture producers lost $7.62 billion to the state’s 2011 drought, which experts said makes it the costliest drought in the state’s history and possibly the most expensive drought ever suffered by any...

U.S. Treasury’s Geithner Put on Spot for Delayed Insurance Report

Mar 21 2012 // A Republican Congresswoman took an opportunity during a hearing on Tuesday to ask U.S. Treasury Secretary Timothy Geithner why the Federal Insurance Office is late with its report on modernizing insurance regulation.The...

U.S. Chamber, European Business Call for Removing Transatlantic Trade Barriers

Mar 21 2012 // The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling...

U.S. Exempts 11 Countries from Iran Oil Sanctions; China, India Exposed

Mar 21 2012 // The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of...

Municipal Defaults – Already 21 in 2012 – Another Blow for Bond Insurers

Mar 20 2012 // A growing number of U.S. cities are choosing to fund essential services like public safety and garbage collection over making payments on their outstanding debt, as rising costs and falling revenue deplete their budgets.So...

AmWINS Announces Promotion in Philadelphia Office

Mar 20 2012 // AmWINS Group Inc. promoted Matt Szkotak to branch leader of AmWINS Brokerage of Pennsylvania, located in Philadelphia. Szkotak has been serving as property manager in the Philadelphia office for the past 10 years and will...