Latest Political Risk Headlines

All the headlines from our Political Risk Topic Page, ordered by recency.

Treasury Report on Terrorism Insurance Says Backstop Negatively Affects Private Capacity

Oct 3 2006 // A new federal report has found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks.The President’s Working Group on...

Industry to Congress: Permanent Solution to Terrorism Insurance Vital

Sep 27 2006 // Insurers, agents and business groups called on Congress to create a permanent solution safeguarding the economy against future terrorist attacks at congressional hearing today, “Protecting Americans from Catastrophic...

Insurers Reject Notion of TRIA Renewal for Nuclear-Biological Terrorism Risk Only

Sep 26 2006 // A new federal government report concludes that a totally private market solution to insuring against certain terrorist attacks is unlikely in the near future. The report covers the risk of nuclear, biological, chemical or...

Agriculture industry starved for ways to reduce terrorism targets

Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people also should pay attention closer to home — especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...

Agriculture industry starved for ways to reduce terrorism risk

Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people should also pay attention closer to home—especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...

Agriculture industry starved for ways to reduce terrorism risk

Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people should also pay attention closer to home–especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...

Agriculture industry starved for ways to reduce terrorism targets

Sep 25 2006 // The war against terrorism may be focused mostly in the Middle East, but people also should pay attention closer to home — especially to the U.S. agriculture industry, according to Dr. Jerry R. Gillespie, director of...

Hiscox USA Launches Terrorism Insurance Coverage

Sep 14 2006 // Armonk, N.Y.-based Hiscox USA, the U.S. subsidiary of Hiscox plc, will begin providing terrorism insurance in the United States.“Hiscox has over 25 years of experience in terrorism insurance and we are a global...

Officials: Next Terrorist Attack on U.S Not Matter of If, But When

Sep 10 2006 // The threat of terrorism against the United States remains chillingly lethal five years after 9/11, and officials predict another massive attack is not a matter of if — but when.Despite a government overhaul and more than...

Domestic Terrorism Threat on the Rise, Says FBI Chief

Sep 8 2006 // FBI Director Robert Mueller sees a rising threat from homegrown terrorists, but he cautions that foreign groups are far from vanquished and still consume more bureau resources.“We have certainly hundreds” of...

What’s Next in Terrorism Insurance Market…and Politics?

Sep 5 2006 // Terrorism insurance has become increasingly common and affordable five years after Sept. 11.But that market has only emerged with the federal government’s pledge to serve as an insurer of last resort — assistance...

Northeast leads in businesses buying property terrorism coverage

Sep 4 2006 // Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up from 50 percent in 2004.A report from...

Congressional hearing held on terrorism and insurance

Aug 7 2006 // Agents, risk managers and insurers press Congress for long-term TRIA solutionTwo U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security...

Congressional hearing held on terrorism and insurance

Aug 7 2006 // News CurrentsTwo U.S. House subcommittees-the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk...

Guy Carpenter Beefs Up London Trade Credit/Political Risk Team

Aug 1 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, has beefed up its London-based Political Risk and Trade Credit practice with the addition of six...

Congressional Hearing Meets on ‘Terrorism and the Insurance Market’

Jul 25 2006 // Two U.S. House subcommittees — the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk...

STUDY QUESTIONS EFFECTIVENESS OF EFFORTS TO DETER TERRORISM

Jul 24 2006 // Government attempts to deter terrorism can backfire and promote invigorated reprisals and a cycle of violence, according to a new study by University of Maryland researchers.The study is based on a review of what the...

Ohio Schools Insure Against Terrorism, Sexual Misconduct

Jul 12 2006 // School insurance policies in Ohio that used to cover the basics, workers’ compensation for staff, liability insurance for jungle gym accidents, now also cover catastrophes such as terrorist attacks or school...

Study Questions Effectiveness of Efforts to Deter Terrorism

Jul 7 2006 // Government attempts to deter terrorism can backfire and promote invigorated reprisals and a cycle of violence, according to a new study by University of Maryland researchers.The study is based on a review of what the...

British Definition of Terrorism Termed Overly Broad

Jul 6 2006 // Britain’s legal definition of terrorism may be too broad and may have to be refined, according to a lawyer who is advising the government.Lord Carlile, a senior barrister, has been appointed by the Home Office to...