Terrorism News

Court Affirms Limit on Replacement Cost for World Trade Center

The replacement cost insurance policies on the World Trade Center entitle the insureds to monies sufficient to rebuild the buildings as they were prior to being destroyed in the terrorist attack of September 11, 2001, but not to build “bigger …

Guy Carpenter Launches ‘STEALTH’ E-Trading System for Latin America

Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its dedicated facultative reinsurance unit, GCFac, has launched STEALTH (Sabotage and Terrorism Electronic Application Linked to Hiscox). The bulletin described STEALTH …

New Markets

Corporate Identity Theft Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa., a member of American International Group Inc., released AIG Corporate Identity Protection, a new insurance policy designed to protect small and mid-sized companies from financial exposures …

Figures

1,696 Insurance companies are the litigation champions, confronting an average of 1,696 lawsuits, spanning from product liability and environmental class actions to directors and officers claims, and even coverage fights over hurricanes and terrorist attacks, according to a new survey …

Declarations

Back on track “With these new appointments, the Commission is committed to a new focus for the Division of Insurance, making New Mexico a more friendly place to do insurance business, while making the industry understand that if they do …

STEVE POIZNER

Poizner is a civic-minded inventor and entrepreneur, and founder of SnapTrack in Silicon Valley. In 2001, he was tapped to serve in the non-partisan White House Fellowship program in Washington, D.C., arriving only days before the 9/11 terrorist attacks. He …

Technology

New check processing technology can help insurance agents improve efficiencies, have quicker access to funds and reduce banking fees. Check technology helps insurance companies save time and money Brokerage agencies and insurance companies across the country are changing the way …

Check technology helps insurance companies save time and money

Brokerage agencies and insurance companies across the country are changing the way they move money — taking advantage of a piece of legislation that allows them to process policyholder checks more quickly and efficiently. The Check Clearing Act for the …

Check technology helps insurance companies save time and money

Brokerage agencies and insurance companies across the country are changing the way they move money — taking advantage of a piece of legislation that allows them to process policyholder checks more quickly and efficiently. The Check Clearing Act for the …

Declarations

Back on track “With these new appointments, the Commission is committed to a new focus for the Division of Insurance, making New Mexico a more friendly place to do insurance business, while making the industry understand that if they do …