Terrorism News

WTC PROPERTY CLAIMS RISING

Property insurance claims from the Sept. 11 attacks are worth $16.6 billion and rising, according to the first estimate from...

ACE USA ASKS FOR EXCLUSION

Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies...

A LIMIT TO INVESTORS’ APPETITE

Standard & Poor’s said that investors’ appetite for insurance debt is likely to be limited to high-quality issuers over the...

CNA Lowered, on Negative Watch

S&P lowered its ratings on CNA Financial Corp., the members of the Continental Casualty Intercompany Pool, Continental Assurance Co., Valley...

Chubb Removed from CreditWatch

Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on Chubb Corp. to “AA-”...