Wayne Moore, M.D., chief of emergency medicine at Meharry Medical College in Nashville and Medical Director for Bio-terrorism Preparation and Response at the Tennessee Department of Health, applauded the signing of Mississippi’s primary enforcement safety belt law, which takes effect …
The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market competition,” according to comments filed at a public CDI hearing on Jan. 24, 2006, in Los Angeles. CDI …
The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide Corp. While it is impossible to predict …
The Congressional Budget Office is projecting a government cost of $1.5 billion through the next 10 years under the legislation extending the Terrorism Risk Insurance Act of 2005 (S. 467). However, despite weighing averages reflecting the probabilities of various outcomes, …
The Boston- area public transit agency, the Masssachusetts Bay Transit Authority, has renewed its terrorism insurance designed to reimburse the transportation agency in the event a major terror attack. The policy includes a $350,000 deductible and would cover up to …
The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide Corp. While it is impossible to predict …
The future of the Terrorism Risk Insurance Act and applications in predictive modeling will be among topics addressed at the annual Ratemaking Seminar of the Casualty Actuarial Society (CAS), March 13-14, at the Marriott Salt Lake City Downtown in Salt …
Insurers writing monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program. Officials of the U.S. Treasury Dept., which administers the program, recently offered clarifications regarding …
News Currents The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market competition,” according to comments filed at a public CDI hearing on Jan. 24, 2006, in Los …
The Congressional Budget Office is projecting a government cost of $1.5 billion through the next 10 years under the legislation extending the Terrorism Risk Insurance Act of 2005 (S. 467). However, despite weighing averages reflecting the probabilities of various outcomes, …
