All the headlines from our USA Topic Page, ordered by recency.
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall.The agreement reached with Knauf...
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall.The agreement reached with Knauf...
Nov 1 2010 // Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said...
Nov 1 2010 // Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh.Intense competition and...
Oct 29 2010 // Years ago a lawyer friend told me of an experience. While teaching a group of Chinese lawyers, he proposed a question to them of who is responsible if a vehicle hits a pedestrian in a cross walk? The class said it was the...
Oct 29 2010 // AIA Group Ltd surged 17 percent in its Hong Kong debut on Friday as investors, chasing exposure to Asia’s fast-growing life insurance business, piled into the record offering in the world’s hottest IPO...
Oct 29 2010 // Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said...
Oct 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), both with stable outlooks....
Oct 27 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus...
Oct 27 2010 // The U.S. is hoping China will help persuade its manufacturers of tainted drywall to cooperate in helping homeowners fix their homes, the chairman of the Consumer Products Safety Commission said.Inez Tenenbaum, in Shanghai...
Oct 26 2010 // Insurers are under growing pressure from two fronts, each of which promises to be a key focus in earnings reports the next two weeks — depressed interest rates that could dampen investment income in coming years and...
Oct 26 2010 // Bailed-out insurer American International Group said on Monday that Chief Executive Robert Benmosche has cancer and is undergoing aggressive chemotherapy.AIG said Benmosche intends to work a full schedule during his...
Oct 25 2010 // Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters.Richard, which made landfall just...
Oct 25 2010 // A federal appeals court has upheld the conviction of a former Montgomery insurance executive who was once a major supplier of workers compensation insurance in the Southeast.The 11th U.S. Circuit Court of Appeals in...
Oct 25 2010 // The superintendent of New Jersey’s fourth-largest school district surrendered to the FBI on Thursday and was charged with fraud and bribery over an alleged insurance-kickback scheme that federal officials called...
Oct 22 2010 // AIA, the Asian life insurance arm of AIG, raised $17.9 billion by pricing its Hong Kong IPO at the top of its range, as investors piled into a company with a wide footprint across rapidly growing Asia.The pricing of the...
Oct 22 2010 // Three men burned in a July explosion at U.S. Steel’s Clairton Coke Works have sued claiming the steelmaker’s managers directed them to repair a “live” gas line even after an alarm went off warning...
Oct 22 2010 // U.S. car-safety policies for child passengers have become some of the weakest in the developed world, according to safety advocates.Martha Bidez, a professor of safety engineering at the University of Alabama at Birmingham...
Oct 21 2010 // A seven-month-long process for determining how much U.S. health insurers must spend on medical care comes to a head Thursday, amid fresh concerns that the rules will lead companies to desert some small-group and other...
Oct 21 2010 // Zurich Financial Services Group announced key appointments within its General Insurance (GI) segment, which, it said, were “related to the ongoing review of the GI business, which is part of a Group-wide initiative...