All the headlines from our USA Topic Page, ordered by recency.
Oct 17 2011 // Two men have entered guilty pleas in a case involving the sale of bogus insurance to a New York tour operator whose boat capsized in 2005 killing 20 elderly tourists.Edmund Hugh Benton, 63, of Scottsdale, Ariz., pleaded...
Oct 17 2011 // USG Insurance Services Inc. has added Drake Burger and Steve Page as producers in its Tampa, Florida office.Burger most recently held the position of underwriter with Westrope Insurance Managers of Florida. Burger has also...
Oct 14 2011 // State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of...
Oct 14 2011 // U.S. securities regulators formally asked public companies for the first time to disclose cyber attacks against them, following a rash of high-profile Internet crimes.The Securities and Exchange Commission issued...
Oct 14 2011 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen...
Oct 13 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a+” from “a-” of Harrisburg,...
Oct 13 2011 // The latest U.S. jobs data show the insurance industry lost 2,100 jobs overall in August. The industry employs some 2,211,000 workers according to the latest numbers.The Insurance Information Institute reported that most of...
Oct 13 2011 // A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from...
Oct 13 2011 // The U.S. offshore drilling regulator Wednesday formally issued sanctions against BP and the major contractors involved in the 2010 explosion on the Deepwater Horizon rig that killed 11 workers and spewed more than 4...
Oct 13 2011 // Bermuda-based Endurance Specialty Holdings Ltd announced that Rene Lamer will assume the role of Senior Vice President and Head of U.S. Property Catastrophe Treaty Reinsurance.He is a Bermuda citizen, and will continue to...
Oct 13 2011 // Toronto-based Fairfax Financial, which raked in billions during the 2008 financial crisis by using market hedges, is once again a go-to stock for shaken investors.Although the company has been criticized by some for its...
Oct 13 2011 // Congress Wednesday approved long-delayed trade pacts with South Korea, Colombia and Panama that are expected to lift exports by about $13 billion a year and give U.S. employment a boost.Republicans and Democrats joined...
Oct 12 2011 // Weather insurance provider WeatherBill has changed its name to The Climate Corporation and added former U.S. Sen. Byron Dorgan of North Dakota to its board of directors.The San Francisco-based company says the name change...
Oct 12 2011 // A judge has dismissed a lawsuit against the U.S. government over the wreck of a $750,000 Ferrari driven by an FBI agent, saying federal law grants immunity if property is being held by law enforcement.The wreck of the rare...
Oct 12 2011 // U.S. regulators pondering which non-bank financial firms are large enough to warrant additional oversight have proposed a $50 billion asset threshold in conjunction with levels of debt and derivatives.The Financial...
Oct 11 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of the operating companies comprising Minnesota-based OneBeacon Insurance...
Oct 11 2011 // U.S. regulators Tuesday are set to give nervous insurance companies, mutual funds and other big players in financial markets a better idea of whether they will be tapped for the same type of additional government scrutiny...
Oct 11 2011 // A second man has pleaded guilty in Houston in a case involving the sale of insurance to a New York tour operator whose boat capsized in 2005 killing 20 elderly tourists, federal officials reported.Edmund Hugh Benton, 63,...
Oct 7 2011 // California’s U.S. Rep. John Campbell (R-48), who today introduced H.R.3125 – companion legislation to S.637 introduced by U.S. Sen. Dianne Feinstein earlier this year. Both bills would strengthen the...
Oct 7 2011 // An advisory group urged U.S. officials to formulate a set of essential health benefits under President Barack Obama’s healthcare overhaul that is in line with cost of insurance in a typical small employer plan.The...