Treasury Recommends Some Terrorism Premiums Be Retained for Future Claims July 5, 2016 In a report that concludes that the federal terrorism risk insurance program “remains an important mechanism” for ensuring that terrorism...
XL Catlin Expands Crisis Management Product Suite in UK, Asia Pacific, Germany March 10, 2016 XL Catlin has introduced “Active Assailant” coverage to its crisis management product suite to respond to the threat of physical...
Ironshore Bolsters War & Terrorism Offering in Asia Pacific with Hill Appointment March 9, 2016 Ironshore International announces that James W. Hill has been named underwriting manager of Terrorism, Political Violence and War for the...
U.S. Treasury Seeks Terrorism Data from Insurers March 4, 2016 The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is requesting that insurers voluntarily submit insurance data regarding their...
State-Backed Terrorism Reinsurance Fund Likely to Aid Paris Firms in Recovery November 24, 2015 By Carolyn Cohn and Maya Nikolaeva Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by...
Why Now Is Time to Privatize Flood Insurance: a Candid Conversation with Hiscox USA CEO Walter September 14, 2015 By Andrew G. Simpson The private insurance industry is ready and anxious to take on flood risk, and politicians should reform the federal program...
How AIG Is Using Cyber Intelligence to Protect Property from Cyber Attacks July 22, 2015 By Sonali Basak A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United...
Connecticut Gov. Malloy Lauds Congressional Passage of TRIA January 9, 2015 Connecticut Governor Dannel P. Malloy issued a statement praising the Congressional approval for a six-year extension of the federal government’s...
New York Regulator Surveying Insurers on TRIA Risk December 31, 2014 New York’s Financial Services Superintendent Benjamin Lawsky has directed insurers that are licensed to write commercial property or liability business...
Conn. Regulator: TRIA Renewal Must Be a Top Priority for New Congress December 30, 2014 Connecticut’s deputy insurance commissioner sent a letter to the state’s Congressional delegates last week, asking that the delegation impress upon...