All the headlines from our USA Topic Page, ordered by recency.
Nov 14 2010 // The recovery will not be led by those who are ruled by gloom and the fear of doom.It’s a cat-chasing-its-tail scenario. Or maybe a Catch-22. Chicken-and-egg? Whatever it is, it’s a mess. The scenario is this:...
Nov 14 2010 // The federal government’s crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in managing claims and billing for these programs – and has some scampering...
Nov 14 2010 // Accused swindler Allen Stanford may not use $100 million in a Lloyd’s of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a U.S. judge in Texas...
Nov 14 2010 // Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he may find it more...
Nov 14 2010 // Read the news lately and it feels like everything – from cars to grocery bags – has gone green. While recent events, such as 2009’s Copenhagen Climate Change Conference, have focused increased public attention on...
Nov 14 2010 // The U.S. Department of Health and Human Services has been conducting regional seminars aimed at identifying best practices for providers, law enforcement and beneficiaries in preventing health care fraud. The HHS Office of...
Nov 14 2010 // Ambac Financial Group Inc., which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy on Nov. 8. The filing cements Ambac’s decline from a company...
Nov 14 2010 // Republicans made big gains across the United States – and the Midwest was no exception – in the November 2 midterm elections. Across the country, GOP gains gave the party its largest number of seats in state...
Nov 12 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘B+’ (Good) and the issuer credit ration of “bbb-” of Guernsey-based Connaught Insurance Company...
Nov 12 2010 // Repeal reform? No thanks, say health insurers, drugmakers and others looking for a clearer picture of the U.S. healthcare market after the bruising passage of the controversial overhaul law.Company executives at the...
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines.The bulletin said: “Group-wide net premiums earned increased by 13 percent...
Nov 12 2010 // World leaders said they would work to tackle global economic “tensions and vulnerabilities” that have raised fears of currency wars and trade protectionism as they wrapped up a Group of 20 summit in Seoul on...
Nov 11 2010 // The United States and South Korea are working to resolve beef and auto trade issues blocking U.S. congressional approval of a free trade agreement while President Barack Obama is in Seoul for the Group of 20 summit.An...
Nov 11 2010 // Armistice Day/Veteran’s Day – the “war to end war;” the dead, the wounded and the missing. Almost faded from memory now – 92 years after it ended – the “Great War,” World War...
Nov 10 2010 // Dutch bancassurance group ING said on Wednesday it planned two initial public offerings, rather than one, for its insurance activities as part of a mandatory split-up imposed because of its state bailout.Chief executive...
Nov 9 2010 // Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida’s insurance marketplace without having to post millions of dollars in extra collateral.The Office of Insurance...
Nov 9 2010 // Ambac Financial Group Inc., which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy Monday.The filing cements Ambac’s decline from a company...
Nov 8 2010 // Managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has named Elizabeth Wafer an associate broker working with Ann Meyer, senior broker, in the Houston, Texas, office. Wafer brings with...
Nov 8 2010 // An analysis from ACE UK points out that international trade has taken a major role in the newly elected governing coalition’s economic plans. The U.S. is Britain’s principle trading partner, with 40 percent of...
Nov 8 2010 // Cooper Gay is moving ahead with plans for U.S. expansion following its recent amalgamation with Swett & Crawford.The broker announced the appointment of Galen Brislane, a U.S. casualty specialist, to focus on...