All the headlines from our USA Topic Page, ordered by recency.
May 13 2011 // The recent hacker attack at Sony Corp. and other corporate data breaches are attracting more class-action lawyers eager to score a payday, though huge monetary settlements may be elusive.At least 25 lawsuits have been...
May 13 2011 // After careful calculation Lloyd’s has announced its estimated net claims before tax from the earthquakes this year in Japan and New Zealand and the January 2011 floods in Australia. The current net estimates were...
May 13 2011 // Arctic nations agreed on Thursday to improve cooperation including on preventing oil spills as a thaw of ice and snow opens access to the remote region’s rich mineral and petroleum resources.The Arctic Council,...
May 12 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit ratings (ICRs) to “aa-” from “bbb” of Keystone...
May 11 2011 // The three major U.S. credit rating agencies won the dismissal of lawsuits seeking to hold them liable as “underwriters” for helping banks structure securities transactions to achieve desired ratings.The 2nd...
May 11 2011 // Alaska has seen a significant decrease in workplace fatalities — down 42.5 percent from the previous decade — according to the epidemiology branch of the state Division of Public Health.According to the Division,...
May 11 2011 // Former Wal-Mart Stores Inc. warehouse workers of Cuban origin may pursue a lawsuit accusing the world’s largest retailer of discrimination, and of firing them when they complained about their treatment.Monday’s...
May 11 2011 // The latest and broadest sting in a crackdown on commercial drivers that has ensnared 173 of them since a deadly March tour bus crash has netted nearly four dozen more arrests of drivers of tour buses, New York City buses,...
May 11 2011 // American International Group and the U.S. Treasury said Wednesday they will sell just under $9 billion in AIG stock, suggesting the government’s exit from its crisis-era investment will be more difficult than...
May 11 2011 // Lawyers for Ecuadorean villagers who sued Chevron Corp over pollution in the Amazon rain forest asked a U.S. appeals panel Tuesday to modify a court order that halted enforcement of an $8.6 billion award against the oil...
May 10 2011 // A U.S. appeals court Tuesday sharply questioned whether the state of Virginia could challenge President Barack Obama’s signature healthcare law, which requires Americans to buy insurance in a bid to slow healthcare...
May 10 2011 // Lawyers for President Barack Obama go to court Tuesday to try to save the cornerstone of his healthcare overhaul, arguing that the requirement for Americans to buy insurance is constitutional.A three-judge panel of the...
May 10 2011 // Hiscox Ltd., which operates in the U.S., Bermuda and Europe, as well as the Lloyd’s and UK market, has issued its Interim Management Statement for the first three months of the year to 31 March 2011.Hiscox said its...
May 10 2011 // Leaders of Arctic nations will gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world’s fragile final...
May 10 2011 // Brit Insurance, the international general insurance and reinsurance group, has launched a new package policy designed specifically for the needs of the U.S. higher education community. This product will be distributed...
May 9 2011 // A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary companies remain unchanged as a result of Aviva’s announcement to sell a portion of its...
May 6 2011 // American International Group posted a loss from continuing operations in the first quarter as it recorded a charge of more than $3 billion related to its recapitalization and termination of its credit facility from the...
May 6 2011 // The severe drought ravaging Texas and other parts of the U.S. Southwest is getting worse, weather experts said Thursday, and little respite is in sight for farmers, ranchers and others whose livelihoods and properties are...
May 6 2011 // Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation’s flood insurance system.The conflict began...
May 6 2011 // Financial firms that the U.S. government deems as “systemic” will not be “too big to fail,” bank regulator Sheila Bair said Thursday.Bair, pushing back against critics who say the systemic...