Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Aspen US Insurance Opens Houston Office
Dec 9 2013 // Aspen US Insurance (Aspen) announced it has opened a new office in Houston to capitalize on the shale energy boom and evolving regional environmental exposures. As part of Aspen’s national expansion in the U.S., the...
Judge Blocks BP Investors from Suing as Group Over Losses
Dec 9 2013 // BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court...
Allstate Picks ING to Sell Fixed Annuities to Its Home, Auto Customers
Dec 9 2013 // ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. The deal gives ING U.S....
Glass-Steagall Firewall Could Return If Volcker Rule Disappoints
Dec 9 2013 // Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its limits on trading and investing. Lawmakers and their allies who want to rein in big banks are ready to...
WTO Overcomes Last Minute Hitch to Reach First Global Trade Deal
Dec 9 2013 // The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement...
QBE Shares Drop Most in 12 Years on Unexpected U.S. Loss Forecast
Dec 9 2013 // QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, plunged the most in 12 years after forecasting an unexpected loss due to write-downs at its North American operations. The company...
Los Angeles Sues Citi, Wells Fargo Over Discriminatory Lending
Dec 6 2013 // The city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo, seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city’s minority communities, a court filing...
Washington Navy Yard Shooting Victim’s Family Files Suit in Florida
Dec 6 2013 // The family of a woman slain during the mass shooting at the Washington Navy Yard is the first to file a lawsuit against the U.S. government and defense contractors over the slaughter that left 12 dead, alleging that...
Obama Product Safety Chief Tenenbaum Returns to South Carolina
Dec 6 2013 // After four years in Washington as the nation’s products safety czar, Inez Tenenbaum is coming home to the Columbia area, her life changed in ways large and small. “Now I’m always giving advice unsolicited...
U.S. Insurance Broker Sector Outlook Positive for 2014: Fitch
Dec 6 2013 // Revenue and earnings growth for U.S. insurance brokers in 2014 is expected to improve modestly over 2013, according to a report by Fitch Ratings. Fitch issued a stable rating outlook and positive sector outlook for the...
Connectivity in Cars Raises Cyber Attack Questions: Senator
Dec 6 2013 // A U.S. senator has asked 20 of the world’s biggest automakers for information on how they secure their vehicles from cyber attacks, in light of reports by security experts who say they have identified ways to hack...
Super Typhoon Haiyan Tops Impact Forecasting’s November Cat Review
Dec 6 2013 // The latest edition of Aon Benfield’s Impact Forecasting Global Catastrophe Recap report for November highlights the havoc caused by Super Typhoon Haiyan when it made landfall in the central Philippines as “one...
IAG Said to Consider Bidding for Wesfarmers Insurance Unit
Dec 6 2013 // Insurance Australia Group Ltd., the nation’s biggest car and home insurer, is studying a bid for Wesfarmers Ltd.’s insurance unit, according to three people with knowledge of the matter. IAG is in talks with...
House Passes Bill to Curb Patent Lawsuits
Dec 5 2013 // The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court. The vote today was 325-91, with 27 Republicans and 64 Democrats...
Travelers Sues British Insurance Company Over Umbrella-Shaped Logo
Dec 5 2013 // The Travelers Companies recently sued London, U.K.-headquartered financial services and insurance company Legal & General Group PLC (L&G Group) and its affiliates over the British company’s use of an...
Liberty Mutual Launches Foreign Package Policy for U.S. Companies
Dec 5 2013 // Liberty Mutual’s Commercial Insurance strategic business unit has expanded its foreign package policy offering by introducing a new product, and by adding a new global crisis management endorsement. The new Global...
Argo Surety to Issue Surety Bonds in Europe for U.S. Clients
Dec 5 2013 // Argo Surety, a division of Argo Group International Holdings, Ltd., now has the capability to issue surety bonds throughout the European Union (EU). Policies will be written through Argo Group’s European subsidiary,...
Lawsuits Challenging Obamacare Cite Religion, Tax Issues
Dec 5 2013 // Hours after the University of Notre Dame filed a religious challenge to the U.S. health-care overhaul in Indiana federal court, a judge in Washington heard arguments in a lawsuit assailing tax provisions of the...
Anadarko, BP Seek Reversal of Oil Spill Clean Water Act Ruling
Dec 5 2013 // Anadarko Petroleum Corp. and BP Plc asked an appeals court to throw out a judge’s finding that both companies were liable under the U.S. Clean Water Act for the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl...
Court Shields Developers From Terrorism-Related Damages in 9/11 Case
Dec 5 2013 // A federal appeals court in New York has given developers and builders of high-rises and other buildings added protection from lawsuits over property losses linked to terrorism, in a case stemming from the Sept. 11, 2001...
