Markets/Coverages News

WTC PROPERTY CLAIMS RISING

Property insurance claims from the Sept. 11 attacks are worth $16.6 billion and rising, according to the first estimate from...

ACE USA ASKS FOR EXCLUSION

Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies...

‘Least Cost’ Equals Least Coverage

A joint investigation conducted by the CDI Criminal Investigations Branch’s Investigations Bureau and the Orange County District Attorney’s Office led...

Chubb Removed from CreditWatch

Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on Chubb Corp. to “AA-”...