The American Academy of Actuaries, in response to questions posed by the President’s Working Group on Financial Markets, has submitted...
Terrorism News
The commercial insurance marketplace cannot effectively price and underwrite terrorism coverage because there still is no effective modeling, so any...
Standard & Poor’s Ratings Services moved quickly to affirm its “A” counterparty credit and financial strength ratings on IPCRe Ltd....
A bulletin from global broker Willis Group Holdings in the April 2006 online edition of “Marketplace Realities and Risk Management...
Commercial property/casualty rates were flat or fell slightly during the first quarter of 2006, with renewal premiums for half of...
Maurice “Chico” Sabbah, a Greensboro, N.C. businessman and philanthropist whose risk-sharing insurance company had to pay more than $400 million...
Speaking near a cluster of chemical plants, New Jersey’s two United States senators and its new homeland security director said...
State emergency planning officials think the federal government homeland security planning underemphasizes natural disasters, an issue which is at the...
Mississippi Attorney General Jim Hood has sharply criticized insurers’ denial of Hurricane Katrina claims in Mississippi, saying companies are “in...
With the exception of a few notorious hotspots, rates for stand-alone terrorism insurance have dropped by 40 to 50 percent...