George W. Bush News

ISO Develops New Commercial Policy Forms, Rating Information for Terror Backstop Law

Insurance Services Office, Inc. (ISO) will file commercial lines policy forms and rating information in response to the Terrorism Risk Insurance Act of 2002 passed by Congress. The law provides financial backing by the federal government for insurance losses certified …

Alabama Eligible for Federal Assistance

The Alabama Department of Insurance and the Federal Emergency Management Agency announced that President George W. Bush declared Alabama a federal disaster, making 28 counties eligible for federal assistance following numerous tornadoes which struck the state on Nov. 5th and …

Pres. Bush Signs Terrorism Risk Act into Law

President George W. Bush signed into law, H.R. 3210, the Terrorism Risk Insurance Act of 2002, Tuesday. “Since its introduction, the Terrorism Risk Insurance Act, has gone over a lot of tough hurdles. Had it not been for President Bush’s …

CIAT Views Backstop to Increase Availability, Reduce Cost of Terrorism Risk Coverage

The Coalition to Insure Against Terrorism (CIAT) announced its support with Tuesday’s signing by President George W. Bush of the Terrorism Risk Protection Act of 2002. Spokesperson Martin DePoy, vice president for government relations at the National Association of Real …

IIABA Commends House Approval of Terrorism Insurance Legislation

The Independent Insurance Agents & Brokers of America (IIABA) commends House leaders for working cooperatively to pass terrorism insurance legislation yesterday, and urges the Senate to immediately follow suit and pass a bill that will restore thousands of jobs and …

IIABA Applauds Agreement on Terrorism Insurance

The Independent Insurance Agents & Brokers of America (IIABA) is praising President George W. Bush’s leadership and commending Congressional leaders for uniting to reach an agreement on pending terrorism insurance legislation that would create a federal backstop for future terrorism …

IIABA, Business Leaders Talk with President Bush on Terrorism Coverage

Independent Insurance Agents & Brokers of America (IIABA) CEO Robert Rusbuldt, Senior Vice President of Government Affairs Maria Berthoud and two independent agents, along with business and union leaders, met with President George W. Bush Oct. 3 at the White …

AAI Encouraged by President’s Stance on Terrorism Legislation

The Alliance of American Insurers reports it was encouraged by President George W. Bush’s strong stance on the need for federal terrorism insurance legislation earlier this week. “President Bush painted a very clear picture of the impact that a lack …

BOMA International President Joins Call for Terrorism Insurance Legislation

BOMA International President Sherwood Johnston, III, who met earlier this week with President George W. Bush and other business leaders to discuss the federal government’s role in addressing the unavailability of terrorism insurance coverage, is among those calling for some …

State Fund To Become Texas Mutual Insurance Company

The Texas Workers’ Compensation Insurance Fund will become the Texas Mutual Insurance Company Sept. 1 if Gov. Rick Perry signs the bill authorizing the change. The governor has 20 days from the Legislature’s adjournment to sign H.B. 3458. No opposition …