All the headlines from our USA Topic Page, ordered by recency.
Aug 7 2008 // U.S. Attorney Sheldon Sperling has filed a complaint against former Oklahoma State Sen. Gene Stipe accusing him of illegally running an insurance company.Stipe pleaded guilty in 2004 of perjury, conspiracy to obstruct a...
Aug 7 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit rating (ICR) of “aa+” of Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF) with a...
Aug 7 2008 // Aon Corporation has launched the “Aon Green Building Property Program,” which it describes as the “industry’s most comprehensive insurance solution to facilitate environmentally friendly and...
Aug 5 2008 // AIR Worldwide Corporation announced that Bermuda-based reinsurer Tokio Millennium Re Ltd. has licensed the use of AIR’s Multiple Peril Crop Insurance (MPCI) model for use in AIR’s CATRADER® system, which...
Aug 4 2008 // Tropical Storm Edouard forced shut a huge U.S. offshore oil port, a refinery, some oil production and disrupted shipping as the storm raced toward the Texas-Louisiana coast Monday.Energy companies evacuated staff from...
Aug 4 2008 // Tokio Marine, Philadelphia InsuranceJapan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty...
Aug 4 2008 // Is litigation stemming from the subprime- and credit crisis-related activity increasing directors’ and officers’ insurance premiums? Despite the steady flow of new securities litigation during the first half of...
Aug 4 2008 // Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver’s licenses despite also qualifying for full federal disability payments, and some of those drivers have suffered...
Aug 4 2008 // Huntsville insurance agent Wayne Parker won the Republican nomination for an open U.S. House seat in Alabama.In the 5th District in north Alabama, Parker received 79 percent to 21 percent for Huntsville lawyer Cheryl...
Aug 4 2008 // Tokio Marine, Philadelphia InsuranceJapan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty...
Aug 4 2008 // An El Paso, Texas, woman faces up to 20 years in prison and repaying $940,000 to an insurance company where she worked. United States Attorney Johnny Sutton said 42 year-old Olivia Enriquez pleaded guilty on July 23 to one...
Aug 4 2008 // Former Louisiana Attorney General Charles Foti’s lawsuit contending major insurance companies manipulated prices on hurricane damage claims will remain in federal court, a panel of the 5th U.S. Circuit Court of...
Aug 4 2008 // The accuracy of ground motion prediction from shallow events in the active tectonic regions in the Western United States, such as California, has improved, thanks to new ground motion models.A key component in assessing...
Aug 4 2008 // The aging and retirement of the Baby Boomer generation is creating a demographic transformation that will affect the staffs of insurance organizations, as well as their customers.Consider the following statistics:...
Aug 4 2008 // Despite a weakened economic market, a new study from Hiscox shows that 46 percent of American small business owners still feel that they can make more as entrepreneurs than the traditional corporate world.The Hiscox study,...
Aug 4 2008 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double...
Jul 30 2008 // Convicted Mississippi attorney Richard “Dickie” Scruggs and his son want to prevent their sworn testimony in a Hurricane Katrina lawsuit from becoming public and “undermining the presumption of...
Jul 30 2008 // Marathon talks for a new global trade deal collapsed Tuesday after a clash over agriculture between the United States, the world’s biggest economy, and emerging heavyweights.The breakdown came on the ninth day as the...
Jul 30 2008 // The U.S. regulatory structure for the insurance industry puts companies at a disadvantage overseas and stifles innovation and competition for consumers, the industry told U.S. lawmakers Tuesday.At a Senate Banking...
Jul 30 2008 // Bermuda-based Aspen Insurance Holdings Limited will release its second quarter 2008 financial results today, Wednesday, July 30, 2008, following the close of U.S. markets.The Company will hold a conference call to discuss...