Amid heavy lobbying on the part of financial lenders, insurers, real estate executives and even President Bush, the Democrats and...
Terrorism News
After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry...
In the words of security consultant Brian Jenkins, “There will be further incidents of terrorism.” Jenkins, speaking at AIG’s “Terrorism:...
The legal dispute between Swiss Re and Silverstein Properties over whether the destruction of the twin towers of the World...
A National Association of Insurance Commissioners (NAIC) committee wanting to add terrorism risk to an existing plan for catastrophe reserving...
The Alliance of American Insurers has pointed to the U.S. Congress Joint Economic Committee’s (JEC) new study The Economic Costs...
Saying that the company’s insurance operations are rebounding, billionaire investor Warren Buffet informed stockholders that Berkshire Hathaway’s operations are back...
New YorkThe insurance business needs help in the form of terrorism coverage, but it’s no panacea, warns Robert V. Mendelsohn,...
Following recent meetings with policy makers in Washington D.C., Lloyd’s Chairman Sax Riley issued a statement urging U.S. lawmakers to...
Aon Corporation reported first quarter dilutive earnings per share of $0.37 compared with $0.07 in the year ago period. Excluding...