All the headlines from our USA Topic Page, ordered by recency.
Dec 14 2011 // Justice Department lawyers argued at trial on Dec. 12 that there is little evidence a shipping channel dug decades ago by the Army Corps of Engineers contributed significantly to the castastrophic flooding after Hurricane...
Dec 13 2011 // Torus has entered the U.S. surety market with the launch of Torus Surety and the acquisition of First Sealord Surety Inc. The deal should be finalized in January 2012.Torus Surety will focus on providing contract surety in...
Dec 13 2011 // Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds.The U.S. Securities...
Dec 13 2011 // As few as 12 different Chinese groups, largely backed or directed by the government there, do the bulk of the China-based cyberattacks stealing critical data from U.S. companies and government agencies, according to U.S....
Dec 12 2011 // The Arkansas Supreme Court has affirmed a nearly $50 million verdict for farmers who say they lost money because Bayer’s genetically altered rice seeds contaminated the food supply and drove down global crop...
Dec 9 2011 // Green retrofitting of commercial buildings is outpacing the construction of new green buildings, according to a new report issued this week.The trend could mean that more building owners may believe that bringing their...
Dec 8 2011 // Steven Bushnell, a senior director at Novato Calif., based-Fireman’s Fund Insurance Co., has been appointed to the U.S. Green Building Council 2012 board of directors.USGBC on Thursday announced the newly elected...
Dec 8 2011 // More than 70 million drivers in the U.S. potentially are leaving car insurance savings on the table by not taking advantage of usage-based insurance programs that reward drivers who drive safely and during safe times of...
Dec 8 2011 // U.S. business leaders are as concerned as their European counterparts over a talent and skills shortage, despite record unemployment levels across much of the U.S.The talent risk was number two in a survey conducted by...
Dec 7 2011 // The China General Chamber of Commerce – U.S.A. has honored Maurice R. Greenberg for his contributions toward U.S. and China exchanges. The organization’s Win-Win Award was presented to the insurance executive at...
Dec 7 2011 // Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap what was certain to become the world’s next big insurance frontier.A decade on, it is...
Dec 7 2011 // General Motors Co. is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of...
Dec 7 2011 // Coal miner Alpha Natural Resources has agreed to pay $1.5 million to each of the families of 29 miners killed in an explosion at the Upper Big Branch Mine in West Virginia last year.The payments – part of a $209...
Dec 6 2011 // A former Baton Rouge, La., man who once faked his death to elude authorities must remain in custody until more hearings in his case.The Advocate reports that Milton Windsor Harris appeared before U.S. Magistrate Christine...
Dec 6 2011 // After decades in relative obscurity, a U.S. legal doctrine that holds corporate officers liable for company wrongdoing is finding its way back into some high-profile healthcare prosecutions.The “responsible corporate...
Dec 6 2011 // BP Plc accused Halliburton Co. of destroying evidence that the oilfield services company did inadequate cement work on the Gulf of Mexico oil well that blew out last year, and asked a federal judge to punish...
Dec 6 2011 // The threat of cyberattacks on the U.S. power grid should be dealt with by a single federal agency, not the welter of groups now charged with the electric system’s security, researchers at the Massachusetts Institute...
Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...
Dec 5 2011 // Catastrophe-related losses experienced by the U.S. property/casualty (P/C) industry through the first nine months of 2011 have nearly doubled total year-end 2010 losses, according to the latest estimates from A.M. Best...
Dec 5 2011 // Lawmakers responded to pleas from industry and foreign governments on Friday with a tentative agreement to block the Obama administration from requiring that air shipments of lithium batteries be treated as hazardous cargo...