All the headlines from our USA Topic Page, ordered by recency.
Jan 10 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co. LLC.Guy Carpenter’s World Catastrophe Rate on Line (ROL)...
Jan 10 2010 // The United Nations’ Copenhagen Conference on Climate Change strained mightily and produced — a note. Co-authored by the United States and China as a last minute face saver, only five nations signed it. This...
Jan 8 2010 // The New York Federal Reserve Bank under Timothy Geithner urged insurer AIG in late 2008 to limit disclosures about its payments to banks after getting a $180 billion government bailout, emails released Thursday showed.The...
Jan 8 2010 // Privately owned, independent reinsurance brokerage Lockton Re has expanded its presence in the United States with the appointments of three new executives – Larry Hunter-Blank, Joe Zuk and Scott D. Polkinghorne at...
Jan 8 2010 // Argo Group International Holdings Ltd. announced that its San Antonio-based Excess and Surplus Lines (E&S) business segment has appointed Michael Denton as senior vice president of its specialty property...
Jan 7 2010 // The U.S. Ninth Circuit Court of Appeals has upheld an arbitration award requiring U.S. Life Insurance Co. to pay reinsurance of more than $500 million to Superior National Insurance Companies, workers’ compensation...
Jan 5 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co., LLC.Guy Carpenter’s World Catastrophe Rate on Line (ROL)...
Jan 4 2010 // Willis Group Holdings announced that its reorganization has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company (PLC) – is incorporated in...
Jan 4 2010 // The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago.That was down from the previous low of 52 in 2008....
Dec 31 2009 // “Orderly Softening” is the title of the latest edition of Willis Re’s “1st View.” The reinsurance division of Willis Group Holdings publishes the market review three times each year, examining...
Dec 31 2009 // U.S. Risk Insurance Group Inc., based in Dallas, Texas, has expanded into the specialty reinsurance brokerage marketplace.Goss Reinsurance Brokers Inc. will operate as a specialty reinsurance broker for medium to small...
Dec 30 2009 // In times like these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial...
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city.After graduating from high school...
Dec 23 2009 // Five years after a Sumatra Indonesia tsunami killed 230,000 people, officials say that more communities are taking the threat seriously, implementing warning systems and understanding that swift action is needed if a...
Dec 23 2009 // A.M. Best Co. has assigned a financial strength rating (FSR) of ‘B+’ (Good) and issuer credit rating (ICR) of “bbb-” to Winnipeg, Manitoba-based SecuriCan General Insurance Company, both with stable...
Dec 23 2009 // It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset...
Dec 22 2009 // Private U.S. property/casualty insurers’ net income after taxes rose to $16.2 billion through nine-months 2009, partially recovering from the 91.2 percent decline to $4.4 billion through nine-months 2008 from $49.6...
Dec 21 2009 // In a middle-of-the-night vote in a snowbound U.S. capital, Democrats unanimously backed the first in a series of three procedural motions to cut off debate and move the bill to a final vote by at least Christmas...
Dec 21 2009 // U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the...
Dec 21 2009 // The bill has been criticized by some liberals who complain that without a new government insurance option it will not provide meaningful reform and by conservatives who say it costs too much.Here are some questions and...