All the headlines from our USA Topic Page, ordered by recency.
Apr 4 2008 // Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday.The visits...
Apr 4 2008 // A roommate-finding site cannot require users to disclose their sexual orientation, a U.S. appeals court in California ruled Thursday, in the latest skirmish over whether anti-discrimination rules apply to the Web.The U.S....
Apr 4 2008 // A federal appeals court tossed out an $800 billion class-action lawsuit against tobacco companies Thursday brought by smokers who said they were deceived into believing “light” cigarettes were healthier.The...
Apr 4 2008 // Democratic presidential hopeful Hillary Clinton, as part of a broad plan to boost the fortunes of U.S. workers, if elected would clamp down on tax benefits to foreign insurers doing business in the United States, she...
Apr 4 2008 // Influential Chinese companies that want to avoid competition are the biggest threat to more economic reform in China, U.S. Treasury Secretary Henry Paulson said Thursday.Paulson’s comment echoed complaints by foreign...
Apr 4 2008 // Policyholders may not be entitled to recover any money from a sweeping antitrust lawsuit that former Attorney General Charles Foti filed against some of the nation’s largest insurers after Hurricane Katrina, a...
Apr 3 2008 // Australian Prime Minister Kevin Rudd said on Wednesday that a deal at the World Trade Organization’s (WTO) long-delayed Doha round of trade talks was urgent and possible.“This Doha round is do-able …...
Apr 3 2008 // Lloyd’s announced a pre-tax profit of £3.846 billion ($7.622 billion) for 2007, compared to £3.662 billion ($7.26 billion) in 2006. Gross written premiums were down slightly at £16.366 billion ($32.346 billion)...
Apr 3 2008 // Class-action lawsuit king Melvyn Weiss pleaded guilty Wednesday to U.S. racketeering charges in connection with a scheme to pay kickbacks to plaintiffs, apologizing to his former law firm and saying he deeply regretted his...
Apr 3 2008 // Montana State Insurance Commissioner John Morrison has filed a friend-of-the-court brief in a legal dispute before the U.S. Supreme Court over an insurance company’s dual role of paying disability benefits and...
Apr 2 2008 // Floodwaters still need to recede before officials can determine how damaging two weeks’ worth of flooding was to Arkansas, but leaders said it’s shaping up to be a costly affair.“All indications are that...
Apr 2 2008 // Hurricanes pose the greatest act of nature risk to the U.S. insurance industry for 2008, according to EMB, an actuarial consulting firm. With the hurricane season on the horizon, insurers must prepare for this heightened...
Apr 1 2008 // Defaults on privately insured U.S. mortgages rose 38.1 percent in February, as a growing number of homeowners failed to keep up with their loan payments.The Mortgage Insurance Companies of America Monday said 60,911...
Apr 1 2008 // With the United States bracing for big hurricanes this year, new derivatives to trade catastrophe risks offer insurers the extra protection they crave against multi-billion-dollar storms.Trading of “catastrophe...
Apr 1 2008 // Shards of broken glass outside the basement window of 31 Vine Street (Brockton, Mass.) hint at the destruction inside the three-story home.Thieves smashed the window to break in and then gutted the property for its copper...
Mar 31 2008 // U.S. Risk, Inc., a subsidiary of U.S. Risk Insurance Group, Inc., has added The Colony Group as a new market for its Criminal Justice Service Operations Program.The Colony Group, rated “A” by A.M. Best and a...
Mar 28 2008 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ counterparty credit and financial strength ratings to the recently acquired Allied World Reinsurance Co. (Allied World Re), a wholly owned,...
Mar 28 2008 // Up to 190 nations will start work on a new U.N. climate treaty in Bangkok on Monday, in a test of how far the world has progressed after years of deadlock highlighted by a U.S. outburst about a duck in 2005.“If it...
Mar 28 2008 // Sen. Charles Schumer, D-N.Y., on Friday called for a rethinking of the U.S. financial regulatory system, perhaps moving toward a single regulator, following the collapse this month of Bear Stearns Cos.In an opinion...
Mar 28 2008 // Bermuda’s Allied World Assurance Co. Holdings, Ltd. reported the official launch of its U.S. reinsurance operation. The launch follows the completion of Allied World’s acquisition of Finial Insurance Co.,...