All the headlines from our USA Topic Page, ordered by recency.
Nov 25 2009 // American International Group Inc., the insurer that received billions of dollars in a U.S. bailout, has been authorized by its board to pay Chief Executive Robert Benmosche’s $7 million compensation, after it laid to...
Nov 25 2009 // Allen Stanford, who faces U.S. criminal and civil charges for allegedly leading a $7 billion Ponzi scheme, is suing Lloyd’s of London for defense costs.Lloyd’s had advanced some legal fees under a directors and...
Nov 24 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...
Nov 20 2009 // Democrats in the U.S. Senate geared up for a fierce battle over a new healthcare reform plan Thursday as Republicans condemned the bill’s price tag and tax hikes before the first crucial test vote Saturday.Senate...
Nov 19 2009 // A federal judge in Louisiana has ruled that the U.S. Army Corps of Engineers’ failure to properly maintain and operate the Mississippi River-Gulf Outlet MRGO was a substantial cause for the flooding of part of the...
Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...
Nov 18 2009 // Senator Barbara Boxer Tuesday predicted that the United States will not reach a consensus on carbon emission reduction goals for 2020 in time for December’s international global warming summit in Copenhagen.Boxer,...
Nov 18 2009 // In an open letter addressed to Barney Frank, the Chairman of the House of Representatives Committee on Financial Services, the largest U.S. insurance trade associations expressed their concerns over the recently passed...
Nov 16 2009 // Credit rating agencies, accused of assigning top ratings to shoddy securities, would be exposed to greater liability under a wide-ranging financial services reform bill released by a leading U.S. senator. The draft bill...
Nov 15 2009 // TLLA, CrawfordClaims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined...
Nov 15 2009 // $1 BillionThe Army Corps of Engineers is launching a $1 billion project to protect the suburban West Bank of New Orleans from devastating floods. Some critics say the project may have the potential dangerous consequence of...
Nov 15 2009 // Arthur Seifert has joined Southwest Insurance Partners Inc. (SWIP) as chief executive officer of Houston-based Bunker Hill Insurance Agency (BHIA), SWIP’s wholly owned underwriting agency subsidiary.Seifert has been...
Nov 15 2009 // Construction activities affect nearly every aspect of the U.S. economy. Here are 10 things worth knowing about the construction industry:1. Contribution to GDP In 2008, the construction industry’s contribution to...
Nov 15 2009 // Climate change and Doha Round agreements remain doubtful, as last minute efforts to construct a deal all parties can accept remain stymied by national priorities. Although negotiations have been continuing, it now seems as...
Nov 15 2009 // 488%The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose...
Nov 12 2009 // American International Group Chief Executive Robert Benmosche said on Wednesday he remains “totally committed” to staying at the company, countering an earlier report that he was considering stepping down.In a...
Nov 11 2009 // U.S. Senator John Kerry said Tuesday he will try to “outline” a compromise climate control bill before December’s international global warming conference and U.N. Secretary-General Ban Ki-moon gave an...
Nov 10 2009 // U.S. Supreme Court Justices seemed reluctant to allow hedging methods to be patented as it heard arguments Monday that were closely watched by software, biotech firms and other industries.Some software and biotechnology...
Nov 10 2009 // When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed...
Nov 10 2009 // A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy production.Ida, once a Category 2...