United States News

Elections Stir Up Political Mix in Midwest

Republicans made big gains across the United States – and the Midwest was no exception – in the November 2 midterm elections. Across the country, GOP gains gave the party its largest number of seats in state legislatures since the …

Outcome of G20 Summit in Seoul

World leaders said they would work to tackle global economic “tensions and vulnerabilities” that have raised fears of currency wars and trade protectionism as they wrapped up a Group of 20 summit in Seoul on Friday. The following is a …

Key Facts and Provisions of U.S.-South Korea Trade Deal

The United States and South Korea are working to resolve beef and auto trade issues blocking U.S. congressional approval of a free trade agreement while President Barack Obama is in Seoul for the Group of 20 summit. An announcement is …

ING Plans Europe, U.S. Insurance IPOs

Dutch bancassurance group ING said on Wednesday it planned two initial public offerings, rather than one, for its insurance activities as part of a mandatory split-up imposed because of its state bailout. Chief executive Jan Hommen told a conference call …

Miller to Head E&S Property Business for Torus

Specialty insurer Torus appointed Catherine Miller to head of E&S General Property. Based in Jersey City, Miller will manage general property business written through wholesale brokers throughout the United States. Miller, a 15-year industry veteran, joined Torus’ General Property team …

Marsh Q3 Revenue Up 9%

Insurance broker Marsh’s revenue in the third quarter of 2010 rose 9 percent to $1.1 billion. Marsh’s revenue growth in the United States / Canada was 3 percent in the quarter; international operations rose 2 percent, reflecting growth of 4 …

Family of Mississippi Inmate Who Died Sues Town, Private Prison Firm

The family of an inmate who died in prison is suing the town of Walnut Grove and a private corrections company, claiming Dennis Earl Holmes was denied adequate medical care before dying of what the plaintiffs believe was treatable diabetes. …

White House to Business: Why Can’t We Be Friends?

It seemed like the beginning of a beautiful friendship — or at the very least a functional relationship. In March 2009, with the United States on the brink of recession and the stock market at 12-year lows, President Barack Obama …

Texas High Court: Successor Liability Law not Retroactive

The Texas Supreme Court has ruled that a state law limiting corporations’ “successor liability” for personal injury claims from asbestos exposure violates the state constitution when applied to a common law suit that pre-dated the enactment of the law. In …

New York Man Sues Bumble Bee Tuna Alleging Mercury Poisoning

A suburban New York City man has filed a lawsuit that claims he got mercury poisoning from eating 10 cans of tuna a week. Lee Porrazzo, of White Plains, filed the suit against Bumble Bee Foods. He’s asking for unspecified …