All the headlines from our Political Risk Topic Page, ordered by recency.
Apr 5 2002 // The White House will again makes its case to get Congress to tackle problems created by a shortage of terrorism insurance since the 9/11 attacks, according to The Washington Post. President Bush is slated to meet with...
Mar 26 2002 // To address the insurance industry’s growing need to model the risk of terrorism, Guy Carpenter & Company, Inc., has published a research paper entitled “Advanced Techniques for Modeling Terrorism...
Mar 25 2002 // Nuts & Bolts: First Premium Insurance Group of Covington, La., is offering a terrorism policy. Available by appointment only.Dollars: Policy limits to $5 million. Carrier: THB/Lloyd’s, rated “A.”...
Mar 25 2002 // Nuts & Bolts: First Premium Insurance Group Inc. is offering a program for terrorism policies.Dollars: Policy limits of $5,000,000. Carrier: THB/Lloyd’s. Rated “A.” Nonadmitted.States Available:...
Mar 19 2002 // Zurich North America’s Zurich Emerging Markets Solutions (ZEMS) group has concluded a political risk insurance cooperation agreement with IFTRIC, the Israeli government-owned export credit agency to provide political...
Mar 13 2002 // Speaking on the six-month anniversary of the Sept. 11 terrorist attacks Monday, the Alliance of American Insurers’ president called for renewed congressional focus on stabilizing the economy by passing terrorism...
Mar 11 2002 // A retired Navy Seal, who now is a top consultant in counter-terrorism security and a best-selling author, is one of an array of experts set to address executives of insurance brokers, independent agencies and insurers...
Mar 8 2002 // The Alliance of American Insurers praised House Financial Services Committee Chairman Michael Oxley (R-OH) for signaling his desire to make necessary compromises with the Senate to pass a terrorism insurance bill in...
Mar 6 2002 // According to the Los Angeles Times, U.S. airlines are formulating a plan to have a company in place to insure themselves against terrorism and acts of war with premiums set around half the rate private insurers have...
Mar 4 2002 // New York Superintendent Gregory V. Serio testified recently before the U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations, detailing the status of the insurance...
Feb 27 2002 // The Nebraska Insurance Department announced it will disapprove terrorism exclusions in personal lines insurance, including exclusions for nuclear and bio-terrorism risks.National Association of Independent Insurers (NAII)...
Feb 22 2002 // Swiss Re has released a study entitled “Terrorism — dealing with the new spectre,” which concludes that the most promising approach to the problem of terrorism insurance is a “public/private...
Feb 14 2002 // A number of leading trade associations and individual companies have joined together to speak for business insurance policyholders as part of a continuing effort to win passage of a terrorism insurance plan on Capitol...
Feb 5 2002 // Insurers feeling the effects of Sept. 11 have taken desperate measures to stay afloat by increasing rates and rewriting policies with little room for loss. Workers’ compensation continues to have a hard time keeping...
Jan 30 2002 // The National Association of Independent Insurers (NAII) is urging state insurance regulators to consider personal lines exclusions on a case-by-case basis for insurers that demonstrate the potential for solvency problems...
Jan 22 2002 // According to the Washington Post, insurance executives told state regulators in Washington, D.C., last week that minus federal help, it could be months or years until they can provide terrorism coverage. They added...
Jan 18 2002 // The National Association of Independent Insurers (NAII) has urged insurance regulators to “move with deliberation…on terrorism exclusions for personal lines” and to remain flexible when considering such...
Jan 17 2002 // The American Association of Insurance Services (AAIS) has completed a countrywide filing of revised commercial lines endorsements for excluding insurance coverage for losses resulting terrorism.In a related matter, AAIS...
Jan 14 2002 // Rodger S. Lawson, Ph.D., president of the Alliance of American Insurers, released the following statement questioning the logic of the decision by the California and New York insurance departments to deny the ISO...
Jan 14 2002 // AccordingSurplus lines insurers may offer hope for businesses to remain insured in those states, like California and New York, that are refusing to allow insurers to exclude terrorism risks in commercial insurance...