All the headlines from our USA Topic Page, ordered by recency.
Oct 8 2007 // The Insurance Marketing Communications Association named its 2007/2008 slate of directors and officers, with Cora Barran of Farmers Insurance Group continuing as IMCA president for her second year.Barran is director of...
Oct 8 2007 // Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team.Bourg will manage and direct the claims department, including claims handling and...
Oct 8 2007 // $55.5 millionThe tally for disaster aid to Texas residents and businesses affected by June 16 – Aug. 3 severe storms, tornadoes and flooding comes to $55,541,143, according to state and federal officials. The aid...
Oct 8 2007 // Proponents push plans for natural catastrophe insurance solutionsFederal backstop proposals aired at NAIC public hearing in Alabama The need for solutions to address insurance costs and availability in natural...
Oct 8 2007 // Former Los Angeles agent sent to prisonA former Los Angeles insurance broker surrendered himself to authorities after being convicted of two fraud counts, the California Department of Insurance reported. Gurjeet Singh of...
Oct 8 2007 // The offshore reinsurance tax debate resurfaces in Congress againDomestic-owned insurers claim Bermuda-based companies hold an unfair tax advantage An industry executive, representing a coalition of 14 large U.S.-based...
Oct 5 2007 // As government scientists searched for the source of a multistate E. coli outbreak linked to frozen hamburgers, a class-action lawsuit was filed Wednesday against the New Jersey producer of the patties and supermarkets that...
Oct 5 2007 // Kraft Foods announced it is recalling white chocolate distributed in the United States because of possible salmonella contamination.Kraft said consumers who purchased its six ounce, Baker’s Premium White Chocolate...
Oct 4 2007 // A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Catlin Insurance Company Limited (CICL), Catlin Insurance...
Oct 4 2007 // Catlin Group Ltd., an international specialty property/casualty insurer and reinsurer, announced that William P. Casey has joined Catlin US as managing director and senior vice president of Catlin Scottsdale, Ariz. Catlin...
Oct 3 2007 // First comes the “wind shower.” Wearing overalls and rubber boots, employees at Fusheng Food Co. in Qingdao stand in a narrow room as air jets in the walls blow away any dust on them. They wade through...
Oct 3 2007 // Dallas, Texas-based U.S. Risk Insurance Group Inc., the seventh largest managing general agency and surplus lines wholesaler in the nation, expanded its operations by opening a brokerage operation in Sydney, Australia.The...
Oct 2 2007 // Canada’s TD Bank Financial Group reports that it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. in a 25 percent cash and 75 percent stock deal valued at $8.5 billion.If approved, the purchase would...
Oct 1 2007 // Will increased competition and lower pricing lead U.S. property/casualty insurers to skimp on reserves? Not according to a report published by Standard & Poor’s Ratings Services.The article, “For U.S....
Sep 30 2007 // The nation’s insurance regulators are moving to modernize reinsurance regulation in the United States.The proposal — developed by a subgroup of the National Association of Insurance Commissioners’ (NAIC)...
Sep 30 2007 // Mississippi trial lawyer Richard Scruggs has asked a federal judge to throw out a charge accusing him of criminal contempt in a dispute related to insurance claims after Hurricane Katrina.In court papers made public last...
Sep 28 2007 // Disaster assistance to Texas residents and businesses affected by June 16 – Aug. 3 severe storms, tornadoes and flooding has reached $55,541,143, according to state and federal officials.The aid comes from the U.S....
Sep 28 2007 // At least that’s how Yogi Berra might describe it. On Sept. 25 William R. Berkley, chairman and CEO of the company of the same name, gave a detailed indictment before the Senate Finance Committee of the iniquities...
Sep 28 2007 // After a flat year in 2005, U.S. surplus lines premium volume rebounded in 2006 and carriers again posted strong underwriting results.In 2006, surplus lines carriers generally stuck to their guns on pricing in lines where...
Sep 27 2007 // The number of workers receiving disability in the U.S. is growing so rapidly that these benefits are now the fastest rising component of Social Security spending — growing at nearly twice the rate of retirement...