Insurance industry advocates urged Congress today to ensure the availability of terrorism risk insurance through a continued federal government role and to examine long-term solutions before the current backstop legislation, the Terrorism Risk Insurance Extension Act (TRIEA) of 2005, expires …
The lack of markets and affordable windstorm coverage for both homeowners and businesses has reached crisis proportions in some states. Hopefully this legislation will spark serious policy debate in Congress on this important topic.” Charles E. Symington Jr., Big “I” …
Allied Insurance Brokers, a managing general agency in Marriottsvile, Md. specializing in habitational accounts, has opened an underwriting unit targeting small to medium size apartment and condominium risks. This coverage is written as a Commercial Package Policy with enhancements, including …
We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to the eastern …
The numbers, or estimates, for the property casualty insurance industry for 2006 are in. Dr Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …
The numbers, or estimates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at I.I.I.’s Joint Property Casualty Insurance …
The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so wrong? They weren’t, according …
Robber baron “We’re looking a robber baron in the face. State Farm is not a responsible corporate citizen.” Mississippi Attorney General Jim Hood fighting a recent decision by State Farm Insurance Co. to stop writing new home and commercial property …
Hawaii may have its hurricanes, California has its earthquakes and floods, and Colorado (at least this year) has cumulative snowfalls nearly a mile high. Yet in 2006, the Midwest — not West — won in the unfortunate disaster lottery. While …
The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …
