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...
Businesses Push for Terrorism Insurance Vote When Congress Returns December 24, 2014 By Emily Stephenson Lobbyists for insurers, real estate financiers and businesses launched into action last week to urge quick renewal of a terrorism...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos December 18, 2014 By Mark Hollmer Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014....
Senate Fails to Renew Terrorism Insurance December 17, 2014 By Cheyenne Hopkins A U.S. program that backstops insurance companies’ losses from acts of terrorism is set to end after the Senate didn’t...
How Carriers Are Handling Property Cat Renewals, Terrorism, Ebola: NAPCO November 21, 2014 Property/catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to...
Treasury Hasn’t Determined Boston Bombing Was ‘Act of Terrorism’ Under TRIA September 19, 2014 A U.S. Treasury Department spokesperson last week provided a statement to Boston news outlets that said “The Secretary has not...
Stakes for P/C Insurers ‘High’ If Congress Shifts TRIA Burden: Moody’s June 11, 2014 If Congress acts to extend the federal government backstop for terrorism insurance, the new version will likely impose higher deductibles...