All the headlines from our USA Topic Page, ordered by recency.
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Apr 5 2010 // U.S. oil refineries have an ongoing problem with accidents that turn deadly, losing four times as much money from such incidents than refineries in the rest of the world, according to an insurance company report obtained...
Apr 5 2010 // A Tesoro Corp. oil refinery blast and fire that claimed five lives is now the subject of state and federal investigations. The company, and the state Department of Labor and Industries has also launched its own probe.The...
Apr 5 2010 // Specialty insurer Ironshore Inc. announced that Ben Beauvais will head the company’s domestic construction practice within its U.S. Specialty Casualty division, including the operations of IronBuilt.Beauvais, based...
Apr 5 2010 // The National Highway Traffic Safety Administration (NHTSA) is seeking the maximum civil penalty of $16.375 million against Toyota Motor Corp. for failing to notify the auto safety agency of the dangerous “sticky...
Apr 5 2010 // Flood Hiatus“That’s scary.” —John Prible, vice president of federal government affairs for the Independent Insurance Agents and Brokers (the Big “I”), commenting on the prospect of Congress...
Apr 5 2010 // Insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business units...
Apr 5 2010 // Directors and officers will be the target of more federal prosecutions under the U.S. anti-bribery statute, said a top U.S. Justice Department official. Mark Mendelsohn, the department official who oversees enforcement of...
Apr 5 2010 // Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets.Republican attorneys...
Apr 2 2010 // American International Group Inc.’s chief executive said Thursday he is “pretty comfortable” the bailed-out insurer will be able to repay the U.S. government before the 2013 expiration of its credit...
Apr 2 2010 // Hartford Financial Services Group Inc. will restructure itself under a plan to reignite growth by courting small- and medium-sized businesses as clients and reining in risk.The announcement of the plan comes a day after...
Apr 2 2010 // The U.S. Treasury Department Thursday named two former executives of E-Trade Financial and Electronic Data Systems to serve on the the board of directors of American International Group, the insurer bailed out by the...
Apr 2 2010 // Standard & Poor’s Ratings Services has affirmed its ‘A-/A-1’ counterparty credit ratings on American International Group Inc, as well as its ‘A+’ counterparty credit and financial strength...
Apr 1 2010 // A report from the USS Nicholas, reports that the vessel captured 5 would-be pirates, “after exchanging fire, sinking a skiff and confiscating a suspected mother ship,” while on patrol in the Indian Ocean.The...
Apr 1 2010 // The Hartford Financial Services Group, Inc. said it has repaid the U.S. government for its bailout by repurchasing all of The Hartford’s preferred shares issued to the U.S. Department of Treasury under the Capital...
Mar 31 2010 // U.S Transportation Secretary Ray LaHood has proposed a federal rule that would to specifically prohibit texting by interstate commercial truck and bus drivers. The proposed rule would make permanent an interim ban...
Mar 31 2010 // A Manhattan federal judge dismissed a shareholder lawsuit accusing current and former American International Group Inc. executives and directors of ignoring “red flags,” leading to the insurer’s near...
Mar 30 2010 // America’s top coal mine regulator says he will redouble pressure on the industry to meet a 4-year-old congressional mandate to equip the nation’s underground mines with high-tech communications and tracking...
Mar 30 2010 // The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent attack that might be hard to prevent, the...
Mar 30 2010 // Relatives of passengers killed in an Air France crash off Brazil have filed nearly two dozen wrongful death lawsuits in Miami against Airbus, alleging that aircraft maker’s A330 crashed because of flaws in the plane...