All the headlines from our USA Topic Page, ordered by recency.
May 12 2008 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance provider Kingsway Financial Services Inc. to...
May 12 2008 // The U.S. Senate last week officially rejected a bid by Gulf state senators to add wind coverage to a financially strapped federal program that provides flood insurance.Lawmakers from Louisiana and Mississippi cited...
May 12 2008 // Tornadoes killed at least 21 people and injured hundreds as they ripped through the central and southeastern United States over the weekend, destroying homes, overturning cars and downing trees and power lines.Authorities...
May 9 2008 // Myanmar’s (Burma’s) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on urgently requested visas by foreign...
May 8 2008 // The U.S. Department of Labor has added to its Web site information about occupational diseases associated with toxic substances.The list is of toxic substances found at facilities covered by Energy Employees Occupational...
May 8 2008 // A federal court has blocked a Maine woman from suing her employer for sex discrimination after she claimed she was denied a promotion because of her childcare responsibilities for her four children including 6-year old...
May 6 2008 // The Bermuda-based Argo Group International Holdings, Ltd. (which includes the formerly Texas-based Argonaut Group) announced net income of $36.9 million for the first quarter of 2007, a 47 percent rise, while pretax...
May 5 2008 // New York City Mayor Michael Bloomberg has called on the federal government to pay $150 million a year in medical bills for workers and residents who suffered health effects from the Sept. 11, 2001, attacks. After the World...
May 5 2008 // The world can reach a significant new climate change pact by the end of 2009 if current talks keep up their momentum, the head of the United Nations climate panel said on Sunday.The United Nations began negotiations on a...
May 5 2008 // A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful Hillary Clinton, it faces a harder task convincing...
May 5 2008 // There have been a lot of rumblings lately — with scientists recording earthquakes in Nevada, Oregon and throughout the Midwest ranging from magnitudes 4.7 to 5.4. The U.S. Geological survey recently noted that...
May 5 2008 // Just weeks after earthquakes rattled Nevada, the Midwest and the coast of Oregon, and on the heels of the 102nd anniversary of San Francisco’s 1906 earthquake, the public, government officials and insurance industry...
May 5 2008 // Ask Charlie Rosson and Mary Sklarski of San Francisco-based Woodruff-Sawyer and Co. what keeps their company successful and they’ll give the same answer: simplicity. For Rosson, chief executive officer, and Sklarski,...
May 5 2008 // During the 12-month period ending March 31, 2007, nearly 10,000 new federal lawsuits were filed under ERISA. In 2007 alone, ERISA class action settlements exceeded $1.8 billion. Yes, it is open season on ERISA fiduciaries...
May 5 2008 // Weeks after a 5.2 level earthquake rocked the Midwest from Cairo, Ill., to Atlanta, Ga., geologists and the insurance industry are still discussing the impact of the quake — such as increases in the purchase of...
May 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based AEGON N.V. and its core subsidiaries to negative from stable. Concurrently S&P affirmed its ‘A+/A-1’ counterparty...
May 2 2008 // Dutch financial services group ING Groep NV announced it would buy CitiStreet, a retirement plan administrator, grabbing third place in the defined contribution business in the United States.ING said in a statement it...
May 2 2008 // Get ready for a flurry of new accounting rules.U.S. and foreign accounting rulemakers will soon debut a new plan to speed up the convergence of international and U.S. accounting rules, with the aim that all major capital...
Apr 30 2008 // Republican presidential candidate John McCain called Tuesday for greater competition for health care coverage for Americans, saying more choices for insurance will drive down costs and improve the system.On a campaign...
Apr 30 2008 // China’s efforts to reform its health care system provide a major opportunity for American companies to enter the Chinese market, according to a top U.S. commerce official.As China looks toward revamping a health care...