Mass. Regulator Offers Update on Industry Developments, Boston Bombing Claims November 27, 2013 Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the...
On 9/11 Anniversary, a Call to Renew Federal Terrorism Insurance September 11, 2013 On today’s anniversary of the 9/11 terrorist attack against the United States, the Insurance Institute for Business & Home Safety...
Industry Told TRIA Won’t Be Renewed Until 2014 July 19, 2013 By Andrew G. Simpson The property/casualty insurance industry should not count on Congress reauthorizing the federal terrorism reinsurance program this year or in time...
Group Applauds New York Assembly for Resolution Urging TRIA Extension June 21, 2013 An insurance industry association is applauding the New York Assembly for adopting Resolution K611-2013, urging the New York State Congressional...
Business Frets at Terrorism Tag of Marathon Attack May 13, 2013 President Barack Obama’s declaration that the Boston Marathon bombings were an act of terrorism could make it difficult for many...
Demand, Rates for Terrorism Insurance Coverage Remain Steady: Marsh April 30, 2013 The recent bombing at the Boston Marathon serves as a reminder that mass violence remains a critical threat for organizations,...
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....
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...
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...