All the headlines from our USA Topic Page, ordered by recency.
Mar 15 2012 // Sea level rise due to global warming has doubled the annual risk of coastal flooding of historic proportions across widespread areas of the United States, according to a report from the non-profit research group Climate...
Mar 15 2012 // Troubled homeowners are not the only ones set to get a financial lift from the U.S. government’s $25 billion landmark mortgage settlement.Whistleblowers who were instrumental in revealing epidemic mortgage abuses,...
Mar 15 2012 // Goldman Sachs faced an unprecedented assault from one of its own on Wednesday after a banker published a withering resignation letter in the New York Times, calling the Wall Street titan a “toxic” place where...
Mar 14 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround.The number and size of securities fraud settlements that won...
Mar 13 2012 // The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up for sale, expecting a valuation of about $1.5 billion, three people familiar with the...
Mar 12 2012 // Hiscox made a number of changes to its U.S. Management Team, appointing a new CEO and chief underwriting officer for Hiscox USA. Ben Walter, current chief operating officer of Hiscox USA has been promoted to CEO effective...
Mar 12 2012 // The Insurance Council of Australia has declared widespread areas of New South Wales and Victoria a formal catastrophe zone. The ICA said the declaration covers the NSW Riverina, NSW Central West and northern Victoria,...
Mar 11 2012 // A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late...
Mar 9 2012 // When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to encourage captives to form or relocate there. Far from...
Mar 8 2012 // The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more people and businesses...
Mar 8 2012 // The La Nina weather pattern blamed for a devastating drought in Texas and a bad dry spell in South America should be gone by the end of April, but its impact will persist in large swathes of the southern United States...
Mar 7 2012 // The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step...
Mar 7 2012 // Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefiting from financial incentives for participating in the...
Mar 7 2012 // The top U.S. securities regulator said on Tuesday her agency is exploring whether insurance companies can qualify for a coveted exemption in the proposed Volcker rule that would protect them from having to scale back their...
Mar 7 2012 // HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest...
Mar 6 2012 // The U.S. Supreme Court said on Monday it would hear arguments next term on whether an 18th century U.S. law can be used to sue multinational corporations or others in American courts for alleged human rights abuses...
Mar 5 2012 // A federal appeals court has upheld a judge’s landmark ruling that the Army Corps of Engineers is liable for property owners’ claims, agreeing the shoddy work on a shipping channel caused billions of dollars in...
Mar 5 2012 // Shell Oil Co. is taking the offensive against environmental groups that have put legal roadblocks in the company’s path to offshore drilling in the Arctic Ocean.The Houston-based company on Wednesday sued 11 Alaska...
Mar 5 2012 // A U.S. appeals court has agreed to temporarily allow Cardinal Health Inc. to continue distributing strictly-controlled prescription drugs from a Florida facility, blocking a Drug Enforcement Administration order to suspend...
Mar 5 2012 // Three people who believe they were targeted by a private investigator working for Rupert Murdoch’s News of the World while they were in the United States are considering suing his company in U.S. courts, a source...