United States News

Greenberg: Story Line Shifts to His Private Company, C.V. Starr

When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed until his ouster in 2005. Now, …

Hurricane Ida Kills 124 in El Salvador; Heading for Gulf Oil Fields and U.S.

Hurricane Ida headed toward oil and gas facilities in the central Gulf of Mexico on Monday on a path to the U.S. Gulf Coast after killing 124 people in El Salvador following floods and mudslides. U.S. oil companies were shutting …

Pennsylvania Landowner Blames Energy Drilling for Water Pollution

An Avella, Pennsylvania landowner is suing an energy company for polluting his soil and water in an attempt to link a natural gas drilling technique with environmental contamination. George Zimmermann, the owner of 480 acres in Washington County, southwest Pennsylvania, …

House Narrowly Approves Major Overhaul of Healthcare System

The U.S. House of Representatives narrowly endorsed Saturday the biggest healthcare overhaul in decades, giving President Barack Obama a crucial victory in a battle that now moves to the Senate. By a 220-215 vote, including the support of one Republican, …

UN Climate Change Treaty May Need Extra Year

A U.N. climate treaty may need an extra year beyond the December deadline to agree on details, delegates at U.N. talks said on Thursday, even as a U.S. Senate committee approved a carbon-capping bill. The Nov. 2-6 meeting of 175 …

California Man Convicted of Insurance Licensing Perjury

California Insurance Commissioner Steve Poizner yesterday announced that Byron Andres Prado, 21, of Northridge was convicted November 2 of one count of misdemeanor identity theft. He was sentenced to 53 days served in jail after committing perjury on insurance licensing …

Recovery Could Depend on Companies’ Savvy Use of Temporary Workers

Most employers around the world are leery of using temporary workers and other contingent labor, but they will have to get over their reluctance if they are to thrive during an economic recovery, according to employment services firm Manpower Inc …

Political Risk Premiums Rising in Response to Resource Nationalism

Political risk insurance premiums have risen across emerging markets in the last year, fuelled by rising resource nationalism and unrest linked to the financial crisis as well as a renewed concern over risk amongst investors. Foreign direct investors use the …

Liberty Mutual’s Boston Building Earns Energy-Savings Certification

Boston-based insurer Liberty Mutual Group says its recently purchased Back Bay building has earned a LEED certification from the United States Green Building Council. The 19-story, 585,000-square-foot building at 10 St. James Ave is the first building in the Back …

Fowerbaugh Joins Butler Rubin

Albert E. Fowerbaugh, Jr. has joined the Chicago law firm Butler Rubin Saltarelli & Boyd LLP as a partner. At Butler Rubin, Fowerbaugh will concentrate his practice in complex commercial litigation. Most recently, Fowerbaugh was a partner at DLA Piper …