All the headlines from our Political Risk Topic Page, ordered by recency.
Apr 12 2005 // Zurich’s U.S.-based unit will provide political risk insurance for construction and operation of a modern silver and tin mining operation in Bolivia. The Overseas Private Investment Corporation (OPIC) is co-insuring...
Apr 11 2005 // Two months before the study is expected to be done, the property casualty insurance industry is getting nervous about a study on terrorism insurance being conducted by the Treasury Department, a study some in Congress are...
Mar 31 2005 // A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government intervention if there were a major terrorist or catastrophic event or series of...
Mar 15 2005 // The American Insurance Association (AIA) expressed hope that a Capitol Hill hearing Tuesday focused on U.S. port security will provide federal policymakers with insights about the urgent need to extend the nation’s...
Mar 4 2005 // With the Terrorism Risk Insurance Act expiring at the end of this year, the National Conference of Insurance Legislators Task Force on Terrorism agreed during meetings in Hilton Head, S.C. to resurrect a resolution...
Feb 17 2005 // Federal Reserve Chairman Alan Greenspan on Thursday told Members of Congress he has yet to be convinced the private market alone can adequately insure against the continuing threat of terrorism.In an appearance before the...
Feb 3 2005 // Congress has yet to renew the government program that reinsures losses in the insurance industry from foreign terrorist attacks, and the possibility that this program might expire at the end of 2005 is already prompting...
Jan 14 2005 // ISO’s Property Claim Services (PCS) unit has expanded its services to include loss estimates for potential catastrophic terrorism losses.PCS this week announced it will assign catastrophe serial numbers to potential...
Dec 15 2004 // With the “new reality” created by the terrorist acts of Sept. 11, 2001, companies throughout the globe faced a new set of issues in managing the broad spectrum of risks created by these events.In a study...
Dec 9 2004 // The board of directors of the Overseas Private Investment Corporation (OPIC) announced the approval of $250 million in political risk insurance for the construction of a 65-mile pipeline that will serve as the centerpiece...
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Dec 6 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executives participating in a panel discussion during last month’s Independent Insurance Agents &...
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio to help protect businesses against terrorism risks, including losses from biological and chemical attacks....
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Nov 22 2004 // Oklahoma’s State Board for Property and Casualty Rates announced its approval of NCCI’s Item B-1393—Miscellaneous Values for Domestic Terrorism, Earthquakes, and Catastrophic Industrial Accidents. The purpose...
Nov 8 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company CEOs participating in a panel discussion during last month’s Independent Insurance Agents & Brokers of...
Nov 5 2004 // The AIG Companies have launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and chemical...
Oct 12 2004 // Bermuda-based Montpelier Re Holdings Ltd. (NYSE – MRH) announced that its wholly owned operating subsidiaries, Montpelier Reinsurance Ltd. and Montpelier Agency Ltd., have entered into agreements with the Overseas...
Oct 10 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executive officers participating in a panel discussion during the Oct. 9 to 12 Convention held by the Independent...
Oct 8 2004 // The National Association of Professional Insurance agents (PIA) has launched a nationwide grassroots action campaign to urge Congress to pass a two-year extension of the Terrorism Risk Insurance Act of 2002. The grassroots...