All the headlines from our USA Topic Page, ordered by recency.
May 21 2010 // Munich Re has obtained cover for US hurricane and European windstorm risks amounting to US$ 80 million from special-purpose vehicle EOS Wind Ltd, which placed a catastrophe bond in the market.“MEAG, Munich Re’s...
May 21 2010 // The U.S. Senate approved a sweeping Wall Street reform bill Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.By a vote of 59-39, the Senate approved S. 3217, the...
May 20 2010 // As more states are allowing souped-up golf carts and other low-speed vehicles on public roads, safety researchers for the insurance industry say they should apply the brakes to this trend even though the carts may be...
May 20 2010 // The Coalition for Competitive Insurance Rates (CCIR) has issued a bulletin commending the European Union for “speaking out against a controversial tax proposal on affiliated reinsurance included in President...
May 19 2010 // Risk Management Solutions announced the addition of Japan earthquake to its existing suite of parametric industry loss indices covering U.S. hurricane, U.S. earthquake, and Europe windstorm.RMS said: “Paradex Japan...
May 19 2010 // U.S. Risk Insurance Group Inc. has named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has mroe than 20 years of insurance experience, most recently in the wholesale...
May 19 2010 // Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex.The Average Crop Revenue Election program...
May 18 2010 // President Barack Obama will create a presidential commission to probe the oil spill in the Gulf of Mexico and energy giant BP said Monday it had “turned the corner” in its efforts to contain it.London-based BP...
May 18 2010 // BP’s oil spill could make for one of the highest-stakes U.S. Gulf hurricane seasons on record.Storms may scuttle clean-up efforts, force containment vessels to retreat, or propel spilled crude and tar balls over vast...
May 17 2010 // A federal appeals court in New York said an employer’s failure to investigate a bias complaint does not constitute retaliation for filing the accusation.Friday’s ruling by the U.S. Second Circuit Court of...
May 17 2010 // Energy giant BP reported a limited success at containing the oil that is gushing unabated into the Gulf of Mexico Sunday but a skeptical U.S. government said it was “not a solution.”Reports of huge oil plumes...
May 17 2010 // America is emerging from a deep recession caused by financial messes on Wall Street, but Dr. J. David Rogers says the Federal Reserve is still being bankrupted by natural disasters.“The National Flood Insurance...
May 17 2010 // Surplus lines wholesaler and managing general agency, U.S. Risk Insurance Group Inc., has named JoAnna Kearns a broker/underwriter in the U.S. Risk Brokers Austin, Texas, office. Kearns has nearly 10 years of insurance...
May 17 2010 // Homeowners can mitigate against wind damage, but they’re powerless, really, to do anything against storm surge,” said one researcher whose job it is to develop ways to determine the vulnerability of homes and...
May 17 2010 // Since their inception in the days of Ben Franklin, our nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. Yet, the profound impact of the current and historic...
May 17 2010 // In disputes regarding damage to cargo transported over land and water, it is important for agents that are placing insurance to protect cargo against physical loss or damage understand the carrier’s limitation of...
May 14 2010 // The makers of file-sharing software LimeWire are liable to 13 major record companies that accused the service of infringing their music copyrights, a Manhattan federal judge has ruled.In a ruling made public Wednesday,...
May 12 2010 // U.S. senators Tuesday tried to pin the blame for the Gulf of Mexico oil spill on the companies involved, scrutinizing their safety practices and demanding full compensation be paid for the cleanup.In hearings before two...
May 10 2010 // A $1 trillion global emergency rescue package to stabilize the euro reversed the slide in world financial markets on Monday but left longer-term questions about whether Europe’s weakest economies can manage their...
May 10 2010 // A.M. Best Co. has issued three separate bulletins announcing that it has removed a number of Berkshire Hathaway’s insurance companies from the “under review with negative implications” status it announced...