All the headlines from our USA Topic Page, ordered by recency.
Jun 12 2009 // AIG, days before a high-profile legal fight with a company controlled by former CEO Maurice Greenberg heads to court, promised to use any funds won at trial to repay U.S. taxpayers.“While any relief granted for...
Jun 11 2009 // Property/casualty insurers and reinsurers rely more than ever on the expertise of actuaries at a point in the cycle when the market is neither softening nor hardening, attendees at the CAS Seminar on Reinsurance were told...
Jun 10 2009 // Leading Senate Democrats unveiled Tuesday a plan to reshape U.S. healthcare that calls for sweeping insurance market reforms and prohibits insurers from denying coverage or charging more due to medical history.The measure...
Jun 10 2009 // Consumer groups said Tuesday they filed a U.S. Supreme Court appeal challenging Chrysler LLC’s sale on the grounds the deal would leave the automaker free of current and future product liability claims.Five consumer...
Jun 10 2009 // This week’s U.S. Supreme Court ruling that faults state Justice Brent Benjamin for not recusing himself from a case involving a generous campaign supporter may aid a pending review of West Virginia’s court...
Jun 10 2009 // The United States Court of Appeals for the Third Circuit ruled that a district court should not have reversed a verdict concerning copyright infringement case William A. Graham Company v. Thomas P. Haughey and USI...
Jun 10 2009 // The Obama administration on Wednesday will name a pay czar with the power to reject compensation plans for top employees at companies receiving “exceptional” government aid, an administration official said...
Jun 9 2009 // Swiss Re reported it is now offering lead umbrella insurance coverage to retail brokers and risk managers in the United States.The umbrella coverage from Swiss Re’s Industrial Risk Insurer (IRI) is available on an...
Jun 8 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of United States Liability Insurance Group and its members. The outlook for all of the...
Jun 5 2009 // A former Wisconsin insurance executive and a business associate have been indicted on charges of carrying out what prosecutors called a years-long scam to defraud a major insurer of more than $800,000.An indictment...
Jun 4 2009 // Aon Consulting Worldwide, the global human capital consulting organization of Aon Corp., announced that Amol Mhatre has joined the firm as senior vice president of National Retirement Innovation and Sales. Mhatre brings...
Jun 4 2009 // A jury should hear the claims in litigation between American International Group Inc. and Starr International Co. Inc. controlled by the troubled insurance giant’s former chief executive, Maurice “Hank”...
Jun 2 2009 // Insurance Australia Group Limited (IAG) has confirmed that it currently expects to pay between A$25 million and A$35 million (US$20.2 to $28.3 million) to customers affected by the recent storms in south-east Queensland...
Jun 1 2009 // An Arkansas lawyer who rose to prominence in lucrative securities fraud class-action litigation pleaded guilty on Monday to charges of stealing more than $9 million of client money.Lawyer Steven Eugene Cauley told U.S....
Jun 1 2009 // AIGAmerican International Group agreed to sell its prime real estate holding in Tokyo for approximately $1.2 billion in cash to Nippon Life Insurance Co. The property consists of one acre of land on which The AIG Otemachi...
Jun 1 2009 // Panama’s ruling party is unlikely to pass tighter tax legislation seen as key for the signing of a U.S. free-trade deal before President Martin Torrijos steps down on July 1, legislators said this week.A bilateral...
Jun 1 2009 // Nearly half of the United States — more than 163 million people — are using the Internet, according to a recent Nielsen poll. And they are using search engines to research local businesses far more than they are...
Jun 1 2009 // Undue Stress“The pending sale could create undue stress on our workers’ compensation system. We will fight every step of the way to ensure Ohio’s self-insured employers and their workforce are...
May 31 2009 // The Obama administration’s ambitious draft plan to redraw U.S. financial regulation has been panned by banking groups, setting the stage for a bruising months-long battle among lawmakers and federal agencies.Signs...
May 28 2009 // The government has paid out more than $1 billion in claims to 9,134 Tennesseans made ill from working in the nuclear weapons facilities at Oak Ridge during the Cold War.The Labor Department announced the latest tally,...