All the headlines from our USA Topic Page, ordered by recency.
Dec 5 2010 // There was a time in the not-so-distant past when events such as these would have been considered somewhat unusual in Europe. But these days, extreme weather events are becoming a much more common occurrence.In this year...
Dec 3 2010 // To mark the end of the 2010 Atlantic hurricane season, Tropical Storm Risk (TSR), which provides resources for predicting and mapping tropical storm activity worldwide and is co-sponsored by Aon Benfield, has issued a...
Dec 2 2010 // Dutch insurer Aegon NV will cut up to 500 jobs in the United States and discontinue sales of certain types of life insurance policies, it said on Wednesday, leading to $290 million in restructuring charges and...
Dec 2 2010 // The United States will press China to make a number of trade reforms to open its market to more U.S. goods and services at a high-level bilateral meeting this month, the U.S. officials said Wednesday.The Dec. 14-15...
Dec 1 2010 // Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not...
Dec 1 2010 // Global concern about the debt crisis rocking the euro zone mounted on Wednesday, with Washington sending a top U.S. Treasury envoy to Europe and G20 officials discussing the turmoil in a conference call.A day after...
Dec 1 2010 // A federal judge in Virginia Tuesday dismissed a lawsuit challenging the landmark healthcare law championed by President Barack Obama, upholding key provisions that require health insurance coverage.The challenge, one of...
Nov 30 2010 // Ohio consumers pay $226 less for homeowners insurance than the U.S. average and nearly $167 less for auto insurance than the U.S. average, according to a report updated by the Ohio Insurance Institute (OII).The homeowners...
Nov 30 2010 // Washington claimed progress Monday in easing rifts with Beijing on ways to fight global warming as U.N. climate talks got under way in Mexico with warnings about the rising costs of inaction.The United States and China,...
Nov 29 2010 // The 2010 Atlantic hurricane season, which ends tomorrow, was one of the busiest on record, according to the National Oceanic and Atmospheric Administration. In contrast, the eastern North Pacific season had the fewest...
Nov 24 2010 // Paula Reid was cruising at the speed limit on U.S. 460 in Virginia, near Montvale, her big BMW sedan slicing through the dark highway’s miles.Then, thwack. “Out of nowhere she hit me,” Reid, 49, of...
Nov 24 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of National Guaranty Insurance Company of Vermont (NGIC), both with stable outlooks. The...
Nov 24 2010 // The U.S. Treasury hired Greenhill & Co. to help it dispose of its investment in bailed-out insurer American International Group, which the Treasury will own 92.1 percent of from early next year.The 18-month contract is...
Nov 24 2010 // SAP AG must pay Oracle Corp $1.3 billion for software theft in a jury verdict that could be the largest-ever for copyright infringement.The decision, by a U.S. district court jury in Oakland California, drew a gasp from...
Nov 23 2010 // Swiss Re’s latest sigma study, #5/2010, – “Insurance investment in a challenging global environment” – warns that a “low yield environment coupled with tighter regulatory standards could...
Nov 23 2010 // The Russian scientist shuffles across the frozen lake, scuffing aside ankle-deep snow until he finds a cluster of bubbles trapped under the ice. With a cigarette lighter in one hand and a knife in the other, he lances the...
Nov 23 2010 // North Korea on Tuesday fired dozens of artillery shells at a South Korean island, killing two soldiers and setting houses ablaze, in one of the heaviest attacks on its neighbor since the Korean War ended in 1953.The...
Nov 23 2010 // The U.S. Attorney’s Office announced the indictments of six controlling officials of National Prearranged Services Inc., in a 50-count indictment charging wire, bank, mail, and insurance fraud; money laundering; and...
Nov 22 2010 // A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of...
Nov 22 2010 // U.S. property/casualty insurers are not likely to sustain substantial losses on municipal bonds, Moody’s Investors Service says in a new report.While muni bonds make up a high 27 percent of P/C insurers’...