All the headlines from our USA Topic Page, ordered by recency.
Nov 8 2011 // A key ratings agency says that recently proposed guidelines for identifying which insurers would qualify as systemic risks represent an important first step in improved federal regulation of financial institutions.The...
Nov 8 2011 // An outbreak of listeria in cantaloupe blamed for the deaths of 29 people could be costly for grocery stores, a distributor and an auditing lab.Whole or pre-cut Rocky Ford-brand cantaloupe from Colorado-based Jensen Farms...
Nov 8 2011 // Deaths and health problems from floods, drought and other U.S. disasters related to climate change cost an estimated $14 billion over the last decade, researchers said Monday.“When extreme weather hits, we hear about...
Nov 8 2011 // State insurance regulators have approved a new model law and regulation on credit for reinsurance that allows some foreign reinsurers to post reduced collateral.The new rules and regulations, which have taken 12 years to...
Nov 8 2011 // A global accounting rule rushed through after pressure from politicians during the financial crisis may have to be tweaked, sparking disruption for investors and companies.The International Accounting Standards Board...
Nov 7 2011 // Investors want to lift the “shroud of secrecy” over the proposed $8.5 billion settlement of Bank of America Corp.’s mortgage-backed securities liability in the coming weeks, a lawyer said last week.Dan...
Nov 7 2011 // The death toll linked to listeria-contaminated cantaloupes in the United States reached 28 in late October, the Centers for Disease Control and Prevention said.Whole or pre-cut Rocky Ford-brand cantaloupe from...
Nov 7 2011 // Americans peg the value of coral reefs around the main Hawaiian Islands at $33.57 billion, according to a study commissioned by the federal government. Officials frequently cite coral reefs as being vital to tourism and...
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
Nov 7 2011 // Company Name State of Speciality 2010 TOTAL DPW Texas Mutual Insurance Co. TX 596,191 Old American County Mutual Fire Insurance Co. TX 575,100 SAIF Corporation OR 327,373 St. Johns Insurance Co. Inc. FL 257,106 Brickstreet...
Nov 7 2011 // Staged automobile accidents in Canada’s most populated province of Ontario pose a unique problem for American auto insurers that must deal with Ontario’s stringent no-fault benefits.Some U.S.-based adjusters...
Nov 7 2011 // The first Mexican long-haul truck bound for the U.S. interior crossed at the international bridge at Laredo, Texas, in late October, carrying electronic equipment destined for suburban Dallas and fulfilling a controversial...
Nov 7 2011 // A U.S. judge has blocked most of a San Francisco ordinance that required warnings about cell phone safety risks, saying it violated the First Amendment.Health questions about cell phone use grew this year after a group of...
Nov 7 2011 // Women pursuing discrimination claims against Arkansas-based Wal-Mart Stores Inc. filed a reformulated lawsuit against the retailer, their first since a massive nationwide class action collapsed earlier this year. The...
Nov 7 2011 // The narrative of Andre Urena’s life is told in a series of lessons, many handed down from his peasant-turned-bank president father Alvaro. His father died in December-but not before having a heavy hand in shaping his...
Nov 4 2011 // American International Group said its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have been offering similar observations in this earnings season.“In U.S....
Nov 4 2011 // BP Products North America Inc. will pay the state of Texas $50 million for unlawfully emitting pollutants during and after a March 2005 explosion at the company’s Texas City refinery, according to the Texas Attorney...
Nov 4 2011 // AIG suffered a perfect storm of natural disasters and adverse market conditions in the third quarter, its chief executive officer said Friday, the day after the company posted a net loss of more than $4 billion.On a...
Nov 4 2011 // Warren Buffett should come to Europe to tap regional champions at knock-down valuations, including in his favored sectors, Cheuvreux analysts said in an open ‘letter’ to the billionaire U.S. investor detailing...
Nov 3 2011 // Ten south Texas residents have been sentenced to federal prison for their roles in a scheme to defraud the American Family Life Assurance Company (Aflac) by filing false injury claims under Aflac’s Accident-Only...