All the headlines from our Political Risk Topic Page, ordered by recency.
Sep 12 2002 // Terrorism coverage remains limited to large commercial property holders, one year after the Sept. 11 attacks, according to an article in the Washington Post. American International Group (AIG) CEO Maurice Greenberg said...
Sep 4 2002 // Boston-based AIR Worldwide, which is now a subsidiary group within the ISO, announced the release of the “AIR Terrorism Loss Estimation Model.”“The new catastrophe model, the first commercially available...
Sep 2 2002 // Nearly a year after the Sept. 11 terrorist attacks, the issue of federal insurance backstop legislation to protect carriers against future losses stemming from more attacks remains a crucial yet unresolved issue for the...
Sep 2 2002 // Nearly a year after the Sept. 11 terrorist attacks, the issue of federal insurance backstop legislation to protect carriers against future losses stemming from more attacks remains a crucial yet unresolved issue for the...
Aug 20 2002 // David Farmer, senior vice president of federal affairs for the Alliance of American Insurers, has sent a letter to the editor of the Wall Street Journal. In it, he rebuts a commentary the newspaper published by Holman W....
Aug 16 2002 // A new study released by National Marketing Services finds that executives of major reinsurers and carriers believe terrorism, pricing and capacity are the major challenges currently facing the industry. The new study,...
Aug 5 2002 // The U.S. insurance industry must have breathed a collective sigh of relief recently, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile...
Jul 25 2002 // As terrorism coverage continues to be excluded from more and more property and casualty policies, insurance industry leaders are advocating a global definition of terrorism. Tom Player, attorney at the Atlanta law firm...
Jul 22 2002 // The U.S. insurance industry must have breathed a collective sigh of relief June 18, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile the...
Jul 19 2002 // The Risk & Insurance Management Society Inc. has informed legislators reconciling a pair of bills that it supports the Senate-backed approach to providing government-supported terrorism insurance relief over the...
Jul 10 2002 // Atlanta-based attorney Tom Player, who chairs the Insurance group at Morris, Manning & Martin, LLP, announced that he plans to propose the adoption of a global definition of terrorism for the insurance industry at the...
Jun 26 2002 // Kenneth Bollier, president of the American Association of State Compensation Insurance Funds (AASCIF), recently met with U.S. Senator Charles Schumer (D-New York) and the staffs of Senators Barbara Boxer (D- California)...
Jun 24 2002 // The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid...
Jun 24 2002 // The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid...
Jun 19 2002 // Both the New England Council and the National Association of Professional Insurance Agents expressed strong approval of the U.S. Senate’s action in passing legislation to provide back-up insurance for acts of...
Jun 19 2002 // The Independent Insurance Agents & Brokers of America (IIABA) reacted to the Senate’s recent approval of the terrorism insurance backstop legislation in a statement released June 18.The final vote invoking...
Jun 17 2002 // The battle over terrorism insurance heated up one notch June 13 as Senate Democrats blocked a Republican effort to limit lawsuit claims as part of a terrorism-insurance bill, putting forth a battle with the White House and...
Jun 14 2002 // The New England Council (NEC), urged the U.S. Senate to pass S.2600, legislation designed to implement a system of terrorist reinsurance coverage of losses from future attacks like those of Sept. 11.The legislation is...
Jun 14 2002 // As a crucial meeting of the European Union’s Transport Ministers approaches, the EU’s airlines have increasingly lined-up behind a plan which would establish a mutual insurance fund, backed by EU governments,...
Jun 14 2002 // The Alliance of American Insurers (AAI) called June 13 for passage of the terrorism insurance bill (S 2600) now under debate on the Senate floor.“Senate Democratic leaders obtained unanimous consent yesterday to...