All the headlines from our USA Topic Page, ordered by recency.
Sep 16 2008 // A bulletin on the Lloyd’s web site (www.lloyds.com) notes that the National Association of Insurance Commissioners (NAIC) has confirmed it will meet “to consider the proposal to end collateral requirements...
Sep 16 2008 // American International Group Inc. shares sank 48 percent on a report that regulators might take control of the giant insurer, though a U.S. government source said federal agencies do not have legal authority to put AIG...
Sep 16 2008 // An $85 billion government rescue of insurer American International Group Inc. looked increasingly likely Tuesday to stave off a bankruptcy that would have thrown world markets back into turmoil.The Federal Reserve will...
Sep 15 2008 // The former U.S. Forest Service employee who started the worst wildfire in Colorado’s recorded history testified she burned the letter blamed for igniting the blaze as a “symbolic gesture” of her failing...
Sep 15 2008 // “The global reinsurance market plays an integral role in spreading US hurricane risk around the world,” said a bulletin from the Association of Bermuda Insurers and Reinsurers (ABIR). “Without it, the...
Sep 15 2008 // Rescuers searching the waterlogged streets and splintered houses left behind by Hurricane Ike in Galveston they had saved nearly 2,000 people – many of whom then boarded buses to shelters without knowing where they...
Sep 12 2008 // Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas Friday, leaving most production idled and threatening a fifth of the nation’s refining capacity with howling winds and a possible...
Sep 11 2008 // The United States is discussing with allies how insurance firms can more rigidly apply sanctions on Iran to step up pressure over its disputed nuclear program, a senior U.S. Treasury official said on Tuesday.Stuart Levey,...
Sep 11 2008 // The U.S. subprime-mortgage crisis has now spurred more federal lawsuits than the savings and loan debacle of the late 1980s and early 1990s ever did, data released Wednesday shows.The number of new mortgage-related civil...
Sep 11 2008 // Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or...
Sep 11 2008 // The U.S. Third Circuit Court of Appeals issued has upheld a judgment of $182.9 million in a malpractice case against the accounting firm PriceWaterhouseCoopers for its dealings with the failed Ambassador Insurance...
Sep 11 2008 // The National Association of Mutual Insurance Companies (NAMIC) named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the Year. “Senator Collins has a great understanding and appreciation of the...
Sep 11 2008 // Fears that American International Group Inc.’s large mortgage exposure could trigger another round of losses has rankled investors so much that the insurer has lost its iron grip as the world’s industry leader...
Sep 10 2008 // Federal officials say a criminal investigation of the Crandall Canyon, Utah, mine disaster doesn’t preclude civil suits against those associated with the mine.The federal Mine Safety and Health Administration asked...
Sep 10 2008 // In a new report the Conference Board, a non-profit, business research organization, has concluded “restrictions on greenhouse gas emissions (GHG) are not feasible without significant productivity growth and a...
Sep 8 2008 // A state and federal report concluded that last summer’s lightning- and cheatgrass-stoked Murphy Complex fire that torched 1,000 square miles of Idaho and Nevada backcountry would have overwhelmed efforts by ranchers...
Sep 8 2008 // Hurricane Ike is not yet weakening over Cuba and will likely reach the Gulf of Mexico as a Category 1 hurricane before taking aim at the oil-rich Texas-Louisiana coast later in the week, the U.S. National Hurricane Center...
Sep 5 2008 // Powerful Hurricane Ike weakened slightly as it moved across the Atlantic toward the Bahamas and the U.S. on Thursday, while Tropical Storm Hanna’s death toll from floods in Haiti grew to 136.Campgrounds were closed...
Sep 4 2008 // Tropical storm Hanna is on the verge of regaining hurricane strength, as it slowly approaches the U.S. mainland. The latest update from Miami’s National Hurricane Center indicates that “maximum sustained winds...
Sep 4 2008 // Hurricane Ike strengthened rapidly into a fiercely dangerous Category 4 hurricane in the open Atlantic Wednesday and Tropical Storm Hanna intensified to a lesser degree as it swirled over the Bahamas toward the southeast...