True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured September 24, 2001 By Catherine Tapia “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men...
Trade Center Attack, Acquisitions, Economy to Test AIG September 24, 2001 By Charles E. Boyle The events of Sept. 11 shook the foundations of the entire American financial community, and American International Group was no...
OneBeacon Transfers P&C Business to Liberty Mutual September 24, 2001 By Dave Thomas The next challenge is to educate independent agents in those respective markets about the value of the Liberty Mutual brand...
Sept. 11, 2001: Terrorist Attacks Strike America September 24, 2001 By Dave Thomas Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the...
Cost of Business Interruption Claims from Terrorist Attacks May Take Months to Determine September September 24, 2001 The large number of businesses affected by the terrorist attacks combined with the length of time it will take to...
Insurance Industry Grieves For Its Own September 24, 2001 While the destroyed Twin Towers of the World Trade Center in New York City and surrounding buildings were occupied by...
S&P Lowers Ratings on Lloyd’s, Zurich- Puts 15 Others on Credit Watch/Negative September 21, 2001 In the face of ever increasing loss assessments from insurers following the terrorist attacks in the U.S., Standard and Poor’s...
IIAA Establishes Industry Disaster Resource Website September 21, 2001 The Independent Insurance Agents of America’s (IIAA) Virtual University has established an insurance industry resource page to explain the insurance...
Buildings Near Trade Center Appear O.K. September 21, 2001 According to a report in the New York Times, engineers have completed a study of the office buildings near the...
Swiss Re, Munich Re Raise Catastrophe Loss Estimates September 21, 2001 The world’s two largest reinsurance companies, Swiss Re and Munich Re, have practically doubled their estimates of potential losses and...