New estimates from the insurance industry predict insurer losses from water and mold damage claims will reach $780 million in...
Markets/Coverages News
While a myriad of businesses called the Twin Towers of the World Trade Center home, insurance companies were particularly hard...
The global insurance system has the financial strength to handle the losses from the terrorist attacks of Sept. 11, according...
Although Tuesday’s terrorist attack on the World Trade Center building is a terribly tragic event, the impact on the property...
AIG CEO Maurice “Hank” Greenberg followed up his statement on Wednesday in which he said that “These attacks are an...
Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both...
As rescue efforts continue in lower Manhattan, Washington, D.C., and Pennsylvania, catastrophe teams from property/casualty insurance companies are poised to...
The Lloyd’s of London insurance market have cautioned that any specific estimate of the absolute cost in financial terms for...
Dean R. O’Hare, Chairman and CEO of The Chubb Corporation stated, “The tragic terrorist attacks on the World Trade Center...
Insurers from around the world have strongly condemned Tuesday’s terrorist attacks, and have expressed their sympathy for the victims and...