All the headlines from our USA Topic Page, ordered by recency.
Feb 8 2010 // Private insurer State Farm informed a U.S. government regulator of a worrying trend of vehicle-caused accidents involving Toyota Motor Corp. as far back as late 2007, an official at the company said.“When you start...
Feb 7 2010 // A U.S. federal judge ordered insurer Lloyd’s of London to pay for alleged swindler Allen Stanford’s defense. Stanford and three other defendants sued the insurer after Lloyd’s stopped providing coverage...
Feb 7 2010 // More Straight-Line Winds Ahead“Based on what we know about the potential patterns of climate change, we expect severe storm activity to increase in Texas and the Midwest, including higher activity of straight-line...
Feb 7 2010 // $12 BillionHurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in...
Feb 7 2010 // Willis Group Holdings extended the contract of its chairman and CEO Joseph J. Plumeri until July 7, 2013. His previous agreement was set to expire on the date of the company’s annual meeting in April 2011.Global...
Feb 7 2010 // Swiss Re, Berkshire HathawaySwiss Re concluded an agreement with Berkshire Hathaway Life Insurance Company of Nebraska to cede, a “closed block of yearly renewable term individual life reinsurance business, written...
Feb 7 2010 // Share the Road Safely“We want the drivers of big rigs and buses and those who share the roads with them to be safe.” —U.S. Transportation Secretary Ray LaHood announced recently that the U.S. government has...
Feb 7 2010 // Main Street business often means different things to different people, but it generally refers to small commercial establishments that would be found in towns and villages across the United States. The Small Business...
Feb 5 2010 // On a 2-1 vote, the U.S. Chemical Safety Board yesterday recommended that national fuel gas codes be changed to improve safety when gas pipes are being purged of air during maintenance or installation of new piping. The...
Feb 5 2010 // Insurance giant Liberty Mutual Insurance is suing nine former employees and their new employer, Bermuda-based Aspen Insurance Holdings, alleging they have plotted to steal professional liability insurance business from its...
Feb 4 2010 // Mark Lucas, Managing Director of U.S. RE ApS, announced that Ruslana Strunden, an actuary with extensive experience in non-life insurance and reinsurance, has joined the Company as a Vice-president, and that Henrik Skafte...
Feb 4 2010 // Despite the massive flooding resulting from levee breaches and storm surge during Hurricane Katrina in 2005, the economic benefits provided by flood control measures in Southeast Louisiana far outweigh the costs of...
Feb 2 2010 // It will still be weeks, into March and April, before the full extent of crop damage and insurance payments from Florida’s recent extended freeze will be known.While Florida’s citrus industry has been hard hit,...
Feb 1 2010 // A controversial regulatory filing detailing the federal bailout of American International Group Inc. could put the spotlight back on the former executive who headed the division most responsible for the insurer’s...
Feb 1 2010 // Trade ministers expressed gloom on Saturday, January 30, about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging.Ministers from about 20...
Jan 29 2010 // Congressional investigators Thursday sought documents from Toyota Motor Corp and U.S. safety regulators about a pair of safety recalls the automaker was racing to address.House Energy and Commerce Committee Chairman Henry...
Jan 28 2010 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, restructured its U.S. Specialty Casualty unit. The following organizational changes are effective immediately:Carl Pursiano has been named chief...
Jan 28 2010 // U.S. lawmakers challenged Treasury Secretary Timothy Geithner’s credibility on Wednesday after he said he was not involved in a decision by bailed-out insurer AIG to withhold details about $62 billion paid to...
Jan 28 2010 // Wall Street executives welcomed U.S. President Barack Obama’s plan to create jobs and a softening of his attack on banks, but questioned on Thursday whether proposals in his State of the Union address would become...
Jan 27 2010 // An overseer for the U.S. bailout program said Tuesday that France’s banking regulator was open to further negotiations over possible concessions on payments from bailed out insurer AIG, according to prepared...