All the headlines from our USA Topic Page, ordered by recency.
Jul 15 2011 // Which U.S. metro region is most likely to come out of the next economic recession, natural disaster or other regional “shock” relatively unscathed?According to new research at the University at Buffalo,...
Jul 14 2011 // Insurance broker Marsh has named Ryan A. Barber to the newly created role of head of Industry Specialization within its U.S. Property Practice. Barber will be responsible for industry-based risk advisory and insurance...
Jul 14 2011 // A new report from Willis ILS – Investors Eager for Cat Bonds Following Light Second Quarter Issuance – concludes that, despite, or perhaps due to the catastrophes experienced during the first quarter of 2011,...
Jul 14 2011 // Rupert Murdoch on Thursday caved in to pressure from Britain’s parliament to answer questions over alleged crimes at one of his newspapers, setting up a showdown with lawmakers keen to break the media mogul’s...
Jul 13 2011 // The end of the road for a class-action discrimination lawsuit brought by female employees of Wal-Mart Stores Inc. has not spelled doom for employment lawsuits facing other big U.S. companies.A landmark U.S. Supreme Court...
Jul 12 2011 // Allianz Global Corporate & Specialty (AGCS) has confirmed new CEOs from within its existing management team for two of its most important regions. As of October first, Carsten Scheffel, currently CEO of AGCS for the...
Jul 12 2011 // Insurance agents in states along the swollen Missouri River basin say federal officials are causing widespread confusion among property owners by pushing the sale of flood insurance policies that might not cover damage...
Jul 11 2011 // A federal appeals court has agreed that Continental Insurance Co. did not have a duty to defend asbestos injury claims against the automotive supplier Federal–Mogul Corp. as its umbrella carrier because the primary...
Jul 11 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Jul 8 2011 // The U.S. government said on Friday it is investigating the probable economic effects of eliminating all tariffs and quotas on goods from the world’s least-developed countries (LDCs).The U.S. International Trade...
Jul 8 2011 // Alterra Capital Holdings Limited announced that the State of New York Insurance Department has approved Alterra Bermuda Limited “as an eligible reinsurer for reduced collateral status, which allows lower collateral...
Jul 8 2011 // Boston-based Liberty Mutual Insurance Co. and several of its subsidiaries have sued investment banker Goldman, Sachs & Co. for “making materially misleading statements and omissions” in a preferred stock...
Jul 7 2011 // The La Nina weather anomaly, blamed for one of the worst droughts in the southern United States, could revive this autumn, the U.S. Climate Prediction Center forecast on Thursday.In its monthly report, the CPC said wind...
Jul 7 2011 // A settlement of up to $750 million has been reached with the German conglomerate Bayer CropScience on behalf of U.S. rice farmers in a series of rice contamination lawsuits, according to Don Downing, an attorney with Gray,...
Jul 7 2011 // The U.S. property/casualty insurance industry, which has about 60 percent of its equity capital base or — $355 billion– in municipal bonds remains exposed to disruptions in this asset class, but the overall...
Jul 7 2011 // First quarter catastrophes didn’t halt decreases in most U.S. reinsurance renewal programs, except in regions hard hit by significant catastrophe events, according to a report by a leading reinsurance intermediary....
Jul 6 2011 // Warren Buffett’s Berkshire Hathaway Inc. has joined the group bidding for Citigroup Inc.’s consumer lending unit, the Wall Street Journal said Wednesday, citing people familiar with the matter.Berkshire has...
Jul 6 2011 // A new study in Swiss Re’s sigma series concluded that the global insurance industry has returned to a pattern of growth. The study – World insurance in 2010 – reveals growth in global premium volume and...
Jul 5 2011 // A leading Republican in the California State Legislature said he will push for an overhaul of a state labor law that makes the Golden State a magnet for workers’ compensation claims by injured former professional...
Jul 5 2011 // U.S. Risk Insurance Group Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Margaret Zechlin as senior broker in San Francisco.She will work on all...