Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

Willis Launches PatentWize to Help Manage Intellectual Property Risk

Aug 9 2010 // Willis Group Holdings is partnering with Innography to launch Willis PatentWize, an enterprise-wide business intelligence solution that is part of Willis’ overall plan to help companies better manage their...

AIG Posts Q2 Loss; Chartis Insurance Stable Despite Flood, Oil Spill Claims

Aug 6 2010 // American International Group Inc. reported a $2.7 billion quarterly loss compared to a net profit of $1.8 billion for the same quarter a year earlier. The second quarter 2010 loss was primarily due to a $3.3 billion...

Catlin First Half Profit Falls

Aug 6 2010 // Specialty insurer Catlin Group Limited reported a US$86 million profit before tax for the six months ending June 30, 2010. That compares to US$240 million for the half year 2009.The results include a US$227 million...

Spain $1 Billion Lawsuit Over Sunk Tanker Dismissed

Aug 5 2010 // A U.S. federal judge dismissed Tuesday Spain’s $1 billion lawsuit against an organization that declared seaworthy a tanker whose 2002 sinking created one of the world’s biggest oil spills.U.S. District Judge...

Study Changes Picture of U.S. Quake Hazards

Aug 5 2010 // The risk of earthquakes in the U.S. Midwest may be more widespread than geologists have believed, but a “big one” may be less likely at Missouri’s New Madrid fault, researchers said Aug. 4.They found that...

U.S. Tightens Iran Sanctions

Aug 4 2010 // The United States Tuesday took steps to make it harder for Iran to skirt trade sanctions aimed at preventing nuclear proliferation, naming nearly two dozen firms in six countries as controlled by the Iranian...

Missouri Votes to Block Obama Health Insurance Mandate

Aug 4 2010 // Missouri voters Tuesday rejected the new U.S. healthcare bill, approving a measure that would forbid the federal government from penalizing people who do not buy health insurance.With 78 percent of precincts reporting,...

U.S. Says Vast Majority of BP Oil Gone, Remainder Not Serious Threat

Aug 4 2010 // The vast majority of oil from the BP spill in the Gulf of Mexico is gone, President Barack Obama’s energy adviser said Wednesday, and the remaining oil reportedly does not pose a serious threat.The U.S. government...

Utilities Market Still Softening Despite ‘Mega’ Claims: Willis

Aug 4 2010 // Insurance rates in the power sector are expected to soften further in 2010, despite the existence of many of the conditions that would normally presage a hardening market, according to the latest Power Market Review from...

Some States Cheered by Virginia Healthcare Decision

Aug 3 2010 // Nearly half of all U.S. states are fighting President Barack Obama’s healthcare reforms and those that have taken the battle to court were heartened Monday by a judge’s decision to let Virginia proceed with its...

Customers Significantly Less Satisfied With Auto Insurance Companies

Aug 3 2010 // After peaking in 2009, overall customer satisfaction with insurance companies has declined significantly in 2010, largely because of price, according to the J.D. Power and Associates “2010 U.S. National Auto...

China’s Economy Set to Pass Japan’s as World’s Second Biggest

Aug 2 2010 // China is set to overtake Japan as the world’s second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed.By some measures it...

Senate Eyes Guaranteed Lump Sum Benefit for U.S. Soldiers, Workers

Aug 2 2010 // Senator Charles Schumer, D- N.Y., said on Sunday he is drafting legislation that would require U.S. government agencies to guarantee that families of deceased soldiers and other federal workers receive lump-sum payments of...

Federal Judge Lets Virginia Challenge to Obama Healthcare Law Proceed

Aug 2 2010 // A U.S. judge Monday refused to dismiss a challenge by the state of Virginia to President Barack Obama’s landmark healthcare reform law, a setback that will force his administration to mount a lengthy legal defense.In...

People

Aug 2 2010 // Sentry Insurance Co. in Stevens Point, Wis., announced that Peter G. McPartland is joining Sentry as president and chief operating officer. McPartland is a seasoned insurance executive with more than 30 years of experience...

Supreme Court Decision Limits Non-U.S. Companies’ Exposure to U.S. Securities Litigation

Aug 2 2010 // Securities lawsuits against BP and Toyota may be substantially narrowed, thanks to a recent Supreme Court decision. On June 24, 2010, in a long-awaited decision that will affect the circumstances under which non-U.S....

Army Corps Claims Actions Reduced Tennessee Flooding in May

Aug 2 2010 // The U.S. Army Corps of Engineers has concluded its actions during the May floods reduced the Cumberland River’s flood crest in Nashville by 5 feet, but the agency suffered numerous communications problems during the...

Risk Managers Not Satisfied With U.S. Insurance Providers’ Service

Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...

Risk Managers Not Satisfied With U.S. Insurance Providers’ Service

Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...

Japan Tanker Shows How Getting Answers on Ship Security Not Easy

Jul 30 2010 // The confusion around what the owners initially called a possible “attack” on a Japanese tanker in the volatile Straits of Hormuz shows the difficulties markets and policymakers face reacting to security events...