Terrorism News

Ind. Protective Insurance Enters into Agreement with Paladin Catastrophe

Indianapolis-based Baldwin & Lyons, Inc. announced that its subsidiary, Protective Insurance Company, has entered into an agreement with newly formed Paladin Catastrophe Management to produce property catastrophe reinsurance in the United States. Paladin Catastrophe Management will solicit and underwrite selected …

Maritime Terrorism Risk Extends to Cruise Ships, Ferry Boats, Study Says

Cruise ships and ferry boats need more protection against terrorist attacks that could kill and injure many passengers and cause serious financial losses, according to a new RAND Corporation report. “Attacks on cruise ships and ferry boats would meet the …

Litigation Trends Continue to Mount Worldwide; Insurers Face Five Times the Average Number of Lawsuits

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 of …

Aon’s Rodell Named CIAB Chairman

Tom Rodell, resident managing director of Aon Risk Services of San Francisco, has been named the 2007 chairman of The Council of Insurance Agents & Brokers, the first person to serve twice in the key leadership position. Rodell was elected …

Resource Constraints Hinder Risk Managers From Preparing For Catastrophes

Time and resource constraints are hindering risk managers’ efforts to help their organizations prepare for catastrophes, such as power outages, avian flu or extreme weather, according to the latest Economist Intelligence Unit (EIU) report sponsored by the ACE Group of …

8 Pa. court rebuffs Republicans on

liability award law Law will not be reinstated as they hoped 8 Bad buying habits in N.H. Audit blasts state insurance purchasing and risk management 10 Oh, deer it’s that season One insurer is bucking trend of deer collisions 10 …

People and Places

Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned from PCI effective Sept. 30. Csiszar indicated that he plans …

To make insurance appealing to college grads, smash the myths

One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the brightest and best of our graduates are …

To make insurance appealing to college grads, smash the myths

One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus and you’ll find that the brightest and best of our graduates are …

People

Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned from PCI effective Sept. 30. Csiszar indicated that he plans …