Terrorism News

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 …

Figures

Three-fourths Of 553 global companies — of all sizes and world regions, including the Middle East — surveyed by The Conference Board have a detailed avian flu pandemic readiness plan in place or are in the process of developing a …

Business Moves

Starr Aviation Agency, Chubb Starr Aviation Agency Inc., a wholly-owned specialty subsidiary of C.V. Starr & Co. Inc. and The Chubb Corp. entered into an underwriting agreement under which Chubb will provide hull and liability coverage to Starr Aviation’s general …

People and Places

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 the …

ACE USA Realigns Construction Industry Practice

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has announced that its Construction Industry Practice, formerly part of ACE Risk Management, will now become a unit of ACE Casualty Risk, and work collaboratively with brokers, …

Fla. Beefs Up Emergency Response Team Preparedness

Most tests involve paper, a pencil and maybe a calculator, but this one will involve concrete, steel and human resolve. On July 20, members of the Urban Search and Rescue Task Forces from Tampa Bay, Central Florida, Jacksonville, Tallahassee and …

Philadelphia Insurance Offers Travel, ID Theft, Violence Endorsement

Philadelphia Insurance Companies of Bala Cynwyd, Pa. has introduced the “Bell Endorsement,” which provides to 10 additional coverages for organizations and individuals at no additional charge. The coverages include: Terrorism Travel Reimbursement which covers any director or officer for emergency …