Latest USA Headlines

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

Bermuda (Re)Insurance Association Releases Members’ 2009 Results

Mar 17 2010 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2009 global underwriting results for its 23 members, who write insurance and reinsurance from underwriting centers in Bermuda, Europe and the...

Number of Californians Without Health Insurance Soars

Mar 17 2010 // Nearly one in four Californians under age 65 lacked health insurance during all or part of last year, well above the latest national average, in a trend fueled by shrinking coverage due to mounting job layoffs, a new study...

AXA to Delist ADS Shares from NYSE

Mar 17 2010 // France’s AXA Group announced that it will file a Form 25 with the U.S. Securities and Exchange Commission to voluntarily delist its American Depositary Shares (ADS) from theNew York Stock Exchange.AXA said the...

Winners and Losers Under Dodd Financial Reform Proposal

Mar 17 2010 // U.S. Senate Banking Committee Chairman Christopher Dodd introduced his latest bill to overhaul the financial system on Monday.The committee is expected to work on the bill next week and it will likely change dramatically....

Senate Republicans Expected to Change Dodd Financial Reform Bill

Mar 17 2010 // The new financial reform bill introduced in the U.S. Senate will likely be approved at the committee level next week, but its shape could change substantially once it comes before the full Senate and winning Republican...

More Than One-Third of U.S. Facing High Risk of Flooding

Mar 17 2010 // Major flooding has begun and is forecast to continue through spring in parts of the Midwest, according to the National Weather Service. The South and East are also more susceptible to flooding as an El Niño...

S&P Revises Hartford’s Outlook to Negative; Debt/Hybrids Assigned Ratings

Mar 17 2010 // Standard & Poor’s Ratings Services has assigned its ‘BBB’ issue rating to Hartford Financial Services Group Inc.’s (HIG) proposed $1.1 billion senior debt offering. S&P assigned a...

New Startups, Only 1% of All Firms, Generate 10% of New Jobs

Mar 16 2010 // While discussion about economic recovery focuses primarily on expanding job growth in existing companies, a new study suggests policies should be focused more on creating a favorable environment for entrepreneurship—...

Hiscox Estimates, Chile Quake, Xynthia Losses at $151 Million

Mar 16 2010 // Hiscox Ltd. announced from its Bermuda headquarters that, from initial estimates, based on an insured market loss of US$8 billion for the Chilean earthquake, and US$3 billion for windstorm Xynthia, it estimates a combined...

Lloyd’s Must Pay Alleged Swindler Stanford’s Legal Fees, Court Says

Mar 16 2010 // A federal appeals court said Monday insurer Lloyd’s of London must pay claims related to alleged swindler Allen Stanford’s defense.Stanford, his former chief investment officer Laura Holt, and former accounting...

3 Face Federal Charges in Chicago Workers’ Comp Fraud Case

Mar 12 2010 // Federal law enforcement officials in Chicago report that a chiropractor, a medical doctor and a billing employee at a clinic in Maywood, Ill., have been indicted on federal charges related to workers’ compensation...

Poll Finds More Americans Say Global Warming Exaggerated

Mar 12 2010 // A growing number of Americans, nearly half the country, think global warming worries are exaggerated and more people doubt that scientific warnings of severe environmental fallout will ever occur, according to a new Gallup...

West Virginia Mine Foreman Pleads Guilty to Faking Safety Records

Mar 12 2010 // A foreman accused of faking a safety inspection report at a Patriot Coal Corp. mine pleaded guilty Wednesday to one count of making false statements and certifications under federal mine safety laws.John Renner, 40, of...

Hiscox Underwriting Chief on 2010 Outlook

Mar 11 2010 // London-based specialty insurer Hiscox, which launched a significantly expanded U.S. presence in 2006, saw gross profits reach record levels ($481 million) in 2009. In this exclusive interview with Insurance Journal, Hiscox...

China Tells United States to Do More on Climate Change

Mar 11 2010 // China told the United States on Wednesday to make stronger commitments on climate change and provide environmental expertise and financing to developing nations.China’s top climate change negotiator, Xie Zhenhua,...

U.S. Traffic Fatality Rate Fell to Lowest Ever Recorded in 2009

Mar 11 2010 // The number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter, the U.S. Department of Transportation reported.According to early...

U.S. Trade Rep Describes Doha WTO Deal as Doubtful in 2010

Mar 10 2010 // The top U.S. trade official expressed doubt Tuesday that negotiators could reach a deal this year in long-running world trade talks despite a goal set by President Barack Obama and other leaders.But in remarks at the...

China and India Endorse Copenhagen Climate Change Agreement

Mar 10 2010 // China and India joined almost all other major greenhouse gas emitters on Tuesday in signing up to the climate accord struck in Copenhagen, boosting a deal strongly favored by the United States.More than 100 nations have...

Google, Facebook Face Heat from Cyber-Bullying Cases

Mar 9 2010 // The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves caught between those...

Bermuda Insurers, Reinsurers Oppose State Cat Fund Bill – HR 2555

Mar 9 2010 // The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would “replace private sector risk bearing capital with government reinsurance and government...