Latest USA Headlines

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

National Specialty Underwriters, Ace Westchester Launch Hospitality Program

Dec 10 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) a program administrator and specialty wholesale broker, and ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE...

Is There a Doctor In the Firm? Businesses Hope Wellness Plans Save

Dec 10 2009 // Liz Sequeira, a 52-year-old primary care physician, is too young to remember when U.S. doctors made routine house calls. So to her, seeing patients in her three exam rooms on the first floor of Discovery Communications...

Safety Board: Citgo Texas Refinery Blast ‘Significant Near Miss’

Dec 10 2009 // The U.S. Chemical Safety Board on Wednesday called a July explosion at Citgo Petroleum Corp.’s Corpus Christi, Texas, refinery “a significant near-miss” for a widespread release of highly toxic hydrogen...

IPCC Head Says Copenhagen Summit ‘Pretty Good’ if CO2 Cut by 20%

Dec 9 2009 // A 20 percent cut in greenhouse gases by rich nations would be a “pretty good” result for a U.N. climate summit, even though it falls short of developing nations’ hopes, the head of the U.N. climate panel...

Ironshore Names Mammolite New York Region Executive

Dec 9 2009 // Commercial property insurer Ironshore Inc. announced that Anthony Mammolite, currently executive vice president of its U.S. Property unit, has been named to the additional post of regional executive for the entire New York...

Supreme Court Justices Question Audit Board Under Sarbanes-Oxley

Dec 8 2009 // Several U.S. Supreme Court justices seemed to question Monday whether the president had enough authority over an agency that polices auditors of public companies.During arguments to consider if the Public Company...

U.S. Offers Rewards to Help Solve New Hampshire Arsons

Dec 8 2009 // The federal government is offering rewards to help solve a string of arson fires that have plagued the city of Berlin for almost four years. The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives says anyone who...

One Thing Is Certain for Insurance Industry in Near Term: Uncertainty

Dec 8 2009 // The insurance industry may not see a return to relative stability and certainty for a few years as it reacts to the effects of regulatory reform, increased government intervention and potential tax law changes in the...

Supreme Court Audit Board Case Could Reopen Sarbanes-Oxley Debate

Dec 7 2009 // The Supreme Court hears a case on Monday that could alter how corporate America is audited and overhaul the Sarbanes-Oxley corporate reform act.The outcome of the case will determine whether a central component of the...

University Dorm Fires on the Rise

Dec 6 2009 // An estimated average of 3,800 fires occur each year in university dwellings, amounting to $26 million in property loss, according to a special report by the Federal Emergency Management Agency’s (FEMA) United States...

Business Moves

Dec 6 2009 // USAAMilitary insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have served in the U.S. Armed Forces at any time. More than...

Declarations

Dec 6 2009 // Disappointed But Happy“While I am disappointed that larger refunds were not ordered, I am very happy that the Commissioner concurred with our position that refunds were due though August 2008 instead of June 2006 as...

Official Drywall Problems

Dec 6 2009 // While drywall-related corrosion is clearly evident, the CPSC said long term safety effects are still under investigation.The U.S. Consumer Product Safety Commission is now saying it has found a link between drywall made in...

U.S. Finds Strong Link Between Chinese Drywall and Corrosion

Dec 6 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall.The results are from an indoor...

Captives Fuel Growth and Income for Agency Owners

Dec 6 2009 // In times likes 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...

Passionate About Insurance and Writing? This May Be Your Opportunity

Dec 3 2009 // Insurance is one of the most important industries in the U.S. and other nations. This is not hyperbole; without insurance, we couldn’t enjoy much of the stuff to which we have grown accustomed: jobs, homes, cars or...

Best Affirms Harbor Point Re and U.S. Subsidiary ‘A’ Ratings

Dec 3 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Harbor Point Re Limited and its wholly owned subsidiary, Harbor...

U.S. Considers Night Flying to Fight Fires

Dec 2 2009 // The U.S. Forest Service is considering allowing its helicopters to attack wildfires at night, a practice the agency has long discouraged because of risks to pilots, a senior official said Monday.The change would be a major...

House Committee Passes Federal Insurance Office Act

Dec 2 2009 // The U.S. House Financial Services Committee has passed a measure to create a scaled-back federal office that would be a national insurance information agency with some authority in the area of international insurance...

Supreme Court to Decide Reach of Securities Law Outside U.S.

Nov 30 2009 // The Supreme Court said Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank...