Latest Political Risk Headlines

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

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 Insurance Property 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...

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...

Principles and Politics: The Long and Short of Terrorism Insurance

Jul 18 2005 // The powerful House Committee on Financial Services could have a federal terrorism reinsurance proposal to consider next month although many politicians and observers are skeptical that Congress will actually replace or...

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...

House Chair Oxley Vows Terrorism Insurance Bill This Year

Jul 13 2005 // The chairman of the House committee dealing with terrorism insurance and renewal of the Terrorism Risk Insurance Act vowed Wednesday to have a bill out of committee this year. “I am committed to delivering a bill...

NAIC Emphasizes Need for Federal Terrorism Backstop

Jul 8 2005 // National Association of Insurance Commissioners (NAIC) warns that significant market disruptions could develop with the Federal Terrorism Risk Insurance Act’s (TRIA) expiration on Dec. 31, 2005, the law’s...

N.Y. Congressional Delegation Urges Renewal of Terrorism Insurance

Jul 7 2005 // Twnety-one bipartisan members of Congress from New York have signed a letter urging quick action on renewal of the Terrorism Risk Insurance Act, which the Bush Administration has opposed in its current form. A day after...

Blair Reacts to London Bombings; Says Countries United to Fight Terrorism

Jul 7 2005 // British Prime Minister Tony Blair spoke about this morning’s explosions on buses and tubes in the capital. Speaking from the G8 summit in Gleneagles, he said his thoughts were with the victims and families of those...