All the headlines from our USA Topic Page, ordered by recency.
Sep 30 2011 // After hearing tearful testimony from several people whose life savings were stolen, a federal judge in Virginia sentenced a former Texas businessman to 60 years in prison for his role in a $100 million life insurance scam...
Sep 30 2011 // The U.S. Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency’s enforcement chief said, pointing to the complexity of the cases and the industry’s strong...
Sep 29 2011 // Monsanto Co. has lost a bid to close part of a lawsuit alleging the company caused health injuries to residents living near a plant that made the Vietnam War-era U.S. military defoliant “Agent Orange.”Monsanto,...
Sep 29 2011 // European insurers Allianz and AXA SA are among the potential bidders for HSBC Holdings Plc’s sale of its general insurance business, which could fetch more than $1 billion, sources familiar with the matter told...
Sep 28 2011 // Summit Business Media has sold its insurance financial information unit.Another financial information firm, SNL Financial, said it has acquired the Summit Business Media insurance information services unit, Highline Data,...
Sep 28 2011 // Twenty-six states and a small business group appealed Wednesday to the Supreme Court seeking to strike down all of President Barack Obama’s signature 2010 healthcare law.The states and the National Federation of...
Sep 28 2011 // The three major credit-rating agencies won the dismissal of a lawsuit alleging that five Ohio pension funds lost hundreds of millions of dollars on risky mortgage debt because they relied on flawed ratings that made the...
Sep 27 2011 // Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where magnitude-4.9 quakes or stronger will occur in seismically active California over a five-year...
Sep 27 2011 // Government intervention in the insurance market is putting the financial burden of natural disasters on U.S. taxpayers, according to a report by Lloyd’s of London, the global specialist insurance market.The report,...
Sep 27 2011 // Iowa won’t pursue criminal charges against a Texas company that’s accused of exploiting developmentally disabled workers at a turkey plant in eastern Iowa.According to the Des Moines Register, the Iowa Attorney...
Sep 27 2011 // Deloitte Touche Tohmatsu Ltd , the world’s largest accounting and consulting firm, was accused Monday of failing to detect fraud during its audits of one of the biggest private mortgage firms to collapse during the...
Sep 27 2011 // The Obama administration Monday cleared the way for the Supreme Court to decide in its 2011-12 term the president’s signature healthcare law that requires Americans to buy insurance or face a penalty.A Justice...
Sep 26 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa’ of FM Global Group (FM Global) and its members, which includes the lead...
Sep 26 2011 // Insurance broker Marsh has appointed Liz Flynn to the role of president and CEO of its U.S. consumer business, effective Oct. 1.In her new role, Flynn will oversee all Marsh U.S. consumer operations consisting of four main...
Sep 26 2011 // Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two...
Sep 26 2011 // The federal program that insures homes against flood damage expires next Friday and is at risk of not being renewed, even as an early fall storm threatens to inundate much of the northeastern United States yet...
Sep 23 2011 // A federal jury in Texas has convicted a car dealer from Rowlett for ‘title washing,’ a fraudulent process through which a vehicle’s title is corruptly altered to conceal information that should normally...
Sep 23 2011 // U.S. deep-sea explorers must turn over to the Spanish government 17 tons of silver coins and other treasure recovered from a sunken Spanish galleon in 2007, a federal appeals court ruled Wednesday.But Tampa, Florida-based...
Sep 22 2011 // When, where and how much, if any, damage will be caused by about 1,200 pounds worth of falling satellite debris poses some interesting questions–including for the insurance industry.Likely coming in at No. 1 on the...
Sep 22 2011 // A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into...