Terrorism News

News Currents

Six in 10 businesses now buying terror coverage, Marsh reports Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up …

Make insurance, risk management appeal 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 …

Business Moves

Zurich, Employers and the World Trade Center Site Owner A deal in which the owner of the World Trade Center site would take control of two towers being built there from a private developer is a step closer to being …

Warren is a 20-year insurance industry veteran. She originally joined Beecher Carlson in March 2005 as senior vice presi

People American International Group, Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster, Jr. who had filled that role on a temporary basis since year-end 2005, and earlier had been AIG vice president …

People

American International Group Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster Jr. who had filled that role on a temporary basis since year-end 2005, and earlier had been AIG vice president of …

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 …

Washbourn Named New Head of London Market’s JWC

The London Market’s Joint War Committee, which represents the interests of London underwriters who insure ships sailing into dangerous waters, has appointed Clive Washbourn as its new chairman. He is currently head of marine at Lloyd’s insurer Beazley, and succeeds …

6 in 10 Business Now Buying Terror Coverage, Marsh Reports

Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up from 50 percent in 2004. Meanwhile, the cost of property …

ABI Advises Air Travelers on Lost Luggage, Packing, Flight Delays

The Association of British Insures has issued some timely advice to air travelers, following the latest disruption in air travel due to terrorist threats. The unmasking of a plot to blow up airliners flying from the U.K. to the U.S. …

Weather Suspected in Russian Plane Crash

A Russian passenger jet crashed during a thunderstorm just minutes after sending a distress signal on Tuesday, killing all 170 people on board, including dozens of children. Emergency officials said preliminary information led them to believe that weather — not …