Terrorism News

Black Leaders Seek Meeting with Bush on Gulf Coast Recovery

Black leaders said they would ask for a meeting with President Bush to address the needs of the Gulf Coast and solutions for speeding up recovery there as the one-year anniversary of Hurricane Katrina approaches. Speaking on a panel at …

Is U.S. Prepared for a Cyber Catastrophe? Businesses Say, ‘No’

Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance executive outlined what a recent Business Roundtable report identified …

NAMIC Announces Reorganization of Government Affairs Operation

Indianapolis-based the National Association of Mutual Insurance Companies (NAMIC) recently announced a major reorganization of its governmental affairs operation, recognizing the convergence of issues facing the property/casualty insurance industry in the United States. NAMIC President and CEO Chuck Chamness said …

Congressional Hearing Meets on ‘Terrorism and the Insurance Market’

Two U.S. House subcommittees — the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk Assessment — held a hearing today to examine the ongoing issue of insuring …

New Markets

Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …

People Suburban Chicago-based Property Casualty Insurers Association of America appointed Genio Staranczak as its chief economist. Dr. Staranczak will be responsible for economic analysis on the full range of public policy issues facing the industry. He will incorporate analyses of …

Former FEMA director promotes government-industry disaster mediation

News Currents Federal and state governments should work with private insurance companies to sponsor disaster mediation programs, according to a former head of the Federal Emergency Management Agency. James Lee Witt, president of James Lee Witt Associates and FEMA director …

News Currents

The virtual, global economy humbles insurance leaders Insurance professionals have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of …

New Markets

Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …

New Markets

Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …