Latest Political Risk Headlines

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

Sen. Lautenberg to Hold NYC Briefing on Doing Business with States that Sponsor Terrorism

Apr 22 2004 // U.S. Senator Frank R. Lautenberg and New York City Comptroller William C. Thompson Jr. will host a press conference today, April 22, at 1:30 PM, to announce an amendment to the upcoming FSC-ETI bill to close a loophole...

Consumer Study Disputes Need for Renewal of Terrorism Reinsurance

Apr 22 2004 // The nation’s terrorism insurance law is not necessary to ensure the availability of affordable terrorism coverage for most areas of the country and should be allowed to expire, according to a study released by the...

Terrorism Tops List of Concerns for Workers’ Comp Professionals

Apr 19 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas Feb. 5-6 for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...

Spanish Train Bombings Renew Terrorist Threat

Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...

Spanish Train Bombings Renew Terrorist Threat

Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...

Study Says Workers’ Comp Terrorism Reinsurance Pool Not Enough

Apr 15 2004 // The private insurance industry for workers’ compensation would not have enough capital to withstand potential losses on its own should a catastrophic terrorism event, or multiple events, occur, according to the...

Terrorism Tops List of Concerns for Workers’ Comp Professionals

Apr 5 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas recently for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...

Terrorism and TRIA – What’s in Store for the Future’

Mar 22 2004 // Two years later, fate of the historic act remains unknown If a camel is a “horse made by a committee” then the Terrorism Risk Insurance Act (TRIA), passed by Congress in November 2002, is a law made by several...

Terrorism Tops List of Concerns for Workers’ Comp Professionals

Mar 8 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas Feb. 5-6 for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...

ATLA, TTLA BLAST TERRORIST LABEL:

Mar 8 2004 // The Association of Trial Lawyers of America (ATLA) demanded a retraction and an apology from American Insurance Group CEO Maurice “Hank” Greenberg for calling them “terrorist trial lawyers” in a...

ATLA Blasts Greenberg for Terrorist Remark; TTLA Follows Suit

Feb 27 2004 // The Association of Trial Lawyers of America (ATLA) announced it has demanded a retraction and an apology from American Insurance Group CEO Maurice “Hank” Greenberg for calling them “terrorist trial...

RMS Funds Singapore Center to Study Political Violence and Terrorism

Feb 25 2004 // California’s Risk Management Solutions, a provider of products and services for the management of catastrophe risk, announced that it is providing funding for the first visiting research fellowship to be established...

Terrorism Insurance … We Can’t Risk Sitting On the Sidelines

Feb 23 2004 // Some have viewed this law as a bailout of a failed insurance industry; we believe just the opposite is true. When Congress passed the Terrorism Risk Insurance Act (TRIA) in 2002, some heralded the act as a panacea for...

ISO’s A-PLUS Unit Unveils Service in Fight Against Terrorism

Feb 18 2004 // Insurance Services Office, Inc.’s (ISO) A-PLUS unit has unveiled a new service insurers can use to cross-check policyholders against a U.S. Department of the Treasury master watch list to ensure that customers are...

PCI Disappointed with Maine’s Failure to Reform Fire Policy on Terrorism

Feb 6 2004 // The Property Casualty Insurers Association of America issued a bulletin stressing its disappointment with a decision by the Joint Standing Committee on Insurance and Financial Services in Maine not to support passage of...

RMS Terrorism Risk Management Tools Aiding Insurers in Responding to New Best Questionnaire

Jan 23 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, affirmed that its products can assist insurers in responding to the newly issued Supplemental Rating...

Terrorist Threats Disrupt Holiday Flights

Jan 2 2004 // The elevated terrorist threat levels decreed by the Homeland Security Department and the U.S. Transportation Security Administration, coupled with repeated warnings from the FBI, combined to disrupt trans-Atlantic air...

Terrorism: The Issue of the Moment at Dallas All Industry Day

Dec 15 2003 // “Dirty bomb” was the phrase of the day at the All Industry Day held Nov. 25 in Dallas—perhaps not so surprising, given the fact the conference was titled, “Confronting Terrorism, Not If But...

ACE USA Appoints Wise to Lead Terrorism Underwriting Unit

Dec 4 2003 // ACE USA announced the appointment of William Wise, vice president, to lead its stand-alone Terrorism Underwriting Unit. Based in Philadelphia, Wise will have overall responsibility for the marketing and underwriting...

Treasury Unveils Proposed Rules on Terrorism Risk Insurance Act

Dec 3 2003 // The Department of the Treasury recently issued proposed rules to address Claims Procedures and Audit, and Investigative and Civil Money Penalty Procedures implementing the Terrorism Risk Insurance Act of 2003 (TRIA)....