Latest Political Risk Headlines

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

Senate, House Panels Both Advance Terrorism Insurance Bills

Nov 16 2005 // The Senate Banking Committee and House Financial Services Committee each marked up legislation Wednesday to extend the Terrorism Risk Insurance Act (TRIA) for two years.The Senate Banking Committee reported out S. 467 by...

As House Prepares Terrorism Insurance Bill Today, Coalition Offers Support and Senate Readies Its Own

Nov 16 2005 // Business insurance consumers represented by the multi-industry Coalition to Insure Against Terrorism have expressed their support for federal terrorism insurance legislation that will be marked up by the House Committee on...

Big ‘I’ Throws Backing Behind House Terrorism Insurance Bill

Nov 15 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) said it strongly supports H.R. 4314, the Terrorism Risk Insurance Revision Act, introduced late Monday by Subcommittee Chairman Richard...

House Committee to Offer 2-Year Terrorism Insurance Extension Next Week

Nov 11 2005 // The House Financial Service Committee has come up with what at least one group is calling a “workable” proposal to renew the federal terrorism insurance act for two years.The bill will be marked up by the...

U.S. RE Takes Lead on Public/Private Facility for Terrorism Reinsurance

Oct 28 2005 // While backers of an extension of the federal terrorism reinsurance program are still hoping that at least a short term fix will be approved before the Terrorism Risk Insurance Act officially expires at year’s end,...

RMS Creates Online Terrorism and Security Risk Manager

Oct 12 2005 // Risk Management Solutions (RMS), Newark, Calif., has announced the launch of a Terrorism and Security Risk Manager online service, a new information source for insurers writing global terrorism risk. The service is...

Symposium on the Future of Terrorism Risk Insurance Kicks Off, Oct. 7

Oct 5 2005 // In the wake of Hurricanes Katrina and Rita, leaders from the public and private sectors from throughout the nation will take part in the National Symposium on Terrorism Risk Insurance in the Cannon House Office Building on...

Stand-Alone Terrorism

Oct 3 2005 // Nuts & Bolts: Insurance Company of the West announced it will offer admitted stand-alone property terrorism coverage for most states. Additional states, including New York, New Jersey, Vermont, Connecticut, Dela-ware,...

National Symposium on Future of Terrorism Risk Insurance Set

Sep 29 2005 // In the wake of Hurricanes Katrina and Rita, leaders from the public and private sectors from throughout the nation will take part in the National Symposium on Terrorism Risk Insurance in the Cannon House Office Building on...

RMS Model Shows Increased Risk of Extreme U.S. Terrorism Losses

Sep 22 2005 // According to Risk Management Solutions’ fourth annual U.S. Terrorism Risk Model, the risk of extreme terrorism-related events over the next five years, including terrorist attacks using chemical, biological,...

Clinton Initiative Pledges Total $1.25 Billion; Gaza Terrorist Cover

Sep 19 2005 // Former President Bill Clinton closed a very successful initial conference in New York for his Global Initiative with commitments of $1.25 billion. The 3-day event, organized by the ex-President to coincide with the current...

Insurers Unveil ‘Market-Based’ Proposals to Boost Terrorism Coverage

Aug 8 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance.The proposals include repeal of some state laws on fire policies and creation of a...

Insurers Unveil ‘Market-Based’ Proposals to Boost Terrorism Coverage

Aug 8 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance.The proposals include repeal of some state laws on fire policies and creation of a...

RMS’ Terrorism Risk Analysis Tools

Aug 8 2005 // Risk Management Solutions released its Global Geocoding Platform and upgraded Global Terrorism Risk and Terrorism Scenario models, which provide insurers and reinsurers with the first worldwide view of their catastrophe...

Insurance Company of the West Unveils Stand-Alone Terrorism Coverage

Aug 5 2005 // Insurance Company of the West has announced it will offer admitted stand-alone property terrorism coverage for most states around the country. Additional states, including New York, New Jersey, Vermont, Connecticut,...

Insurers Unveil ‘Market-Based’ Proposals to Boost Private Terrorism Insurance

Jul 27 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance.The proposals include repeal of some state laws on fire policies and creation of a...

Key Elements of PCI’s ‘Market-Based’ Plan for Terrorism Risk Insurance

Jul 27 2005 // Key Elements in a Market-Based Approach to Terrorism InsuranceProperty Casualty Insurers Association of America Presented to the House Financial Servcies Committee July 26, 2005 Fundamental Objectives Fundamental...

The Threat Remains: With or Without TRIA, Terrorism Still a Top Concern

Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...

Research Reports: Competing World Views on Terrorism Insurance

Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports:Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able to...

Research Reports: Competing World Views on Terrorism Insurance

Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports:Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able to...