TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’ May 9, 2013 By Andrew G. Simpson A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as...
Experts Weigh Boston Bombings’ Impact on Government-Backed Terrorism Insurance April 30, 2013 By Young Ha The April 15 Boston bombings could have an impact on the efforts to renew the federal government’s terrorism insurance backstop....
Defining Terrorism for Policies Not a Simple Task After Boston Tragedy April 25, 2013 There are a number of issues involved in determining whether the Boston bombings tragedy would be considered a terrorist act...
Insurance for Sporting Events Could Be Affected by Marathon Bombings: RMS Expert April 17, 2013 Insurance markets for sporting events and terrorism coverage could be affected by the Boston Marathon bombings, according to a risk...
Q&A: Congressional Politics and Prospects for Terrorism Insurance Renewal March 26, 2013 The Terrorism Risk Insurance Act, which was initially enacted in 2002, and amended by the Terrorism Risk Insurance Revision and...
Debate Over Terrorism Insurance to Be Renewed February 6, 2013 Bipartisan legislation filed yesterday in the House of Representatives promises to renew the federal terrorism reinsurance program and the debate...
A Future Without the Terrorism Insurance Backstop? January 18, 2013 By Brian Finch and Robert Cruz The federal backstop that is widely credited with establishing today’s robust terrorism insurance market may be gone in just 24...
AIR Updates Terrorism Insurance Model for U.S. October 24, 2011 Catastrophe risk modeling firm AIR Worldwide (AIR) has updated its terrorism model for the United States to reflect less frequent...
Risk Managers Like, Don’t Like, Obama Budget Reinsurance Proposals February 15, 2011 Risk managers have found things to like, and not like, in President Barack Obama’s budget proposal for the 2012 fiscal...