RLI Corp. executives said that the company does not expect a significant number of insurance claims from Tuesday’s attacks in New York City and Washington, D.C. The company has a limited number of risks in these metropolitan areas. “While we …
As rescue efforts continue in lower Manhattan, Washington, D.C., and Pennsylvania, catastrophe teams from property/casualty insurance companies are poised to enter the damaged areas to begin assessing the damage and paying claims as soon as civil authorities and law enforcement …
“The vast majority of our 1,100 employees who worked in the World Trade Center have been reported as safe,” Stephen Ban, senior vice president of marketing/communications in Chicago, told Insurance Journal. “We have contacted nearly all of the employees who …
Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being pulled …
The World Trade Organization in Geneva announced that it was postponing meetings on China’s admission to the world body until next week as a result of the terrorist attacks on the U.S. Informal talks, concentrating on resolving the differences between …
Insurers from around the world have strongly condemned Tuesday’s terrorist attacks, and have expressed their sympathy for the victims and their families. A number of companies spoke out to affirm that, despite the huge loss estimates, global insurance and reinsurance …
No words will ever be able to fully convey the shock and the stunned incredulity around the world as yesterday’s terrorist attacks unfolded on television screens across the globe. Live coverage on French television began shortly after the first aircraft …
A pair of individuals were arraigned on felony grand theft charges as a result of an embezzlement scheme which was uncovered by the California Department of Insurance Criminal Investigations Branch, Fraud Division. The pair could face up to five years …
No challenge is more intriguing to Colorado residents than the “Fourteeners”–a group of 55 mountains peaks all in Colorado and all higher than 14,000 feet above sea level. A team from Baetis Inc., providers of customer relationship management (CRM) tools …
The airline disasters in New York City, Pittsburgh and Washington, D.C. have taken an incalculable toll of human lives. The National Association of Independent Insurers (NAII) has three member companies headquartered in the World Trade Center. The Association extends its …
