private terrorism insurance News

Insurers Adapt Terrorism Policies with Loss of Attraction, Violent Acts, Other Coverages

The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business lost due to police cordons to more risky compensation for declines in tourism. Terrorism insurance policies were developed after the …

Treasury Names 9 to Panel on Private Insurance Market for Terrorism Risk

The U.S. Department of the Treasury today announced the appointment of nine people to serve as members of the Advisory Committee on Risk-Sharing Mechanisms (ACRSM) to spur the private market for terrorism insurance. The ACRSM, authorized by the Terrorism Risk …