Dr. Robert P. Hartwig Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent “Earlybird Forecast Survey,” but the survey of Wall Street stock analysts and industry professionals also indicates that the industry …
Does the world seem to be careening from one crisis to another, or is it all hype by news outlets? Unfortunately, it’s not hype; it’s reality. Not a day goes by without reports of terrorist threats and attacks somewhere around …
Regulatory modernization tops industry’s legislative agenda for 2006 With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on …
Aon’s Political Risk Map shows an unsafe world U.S.-based companies with business interests abroad will not be trading in a safer world in 2006, according to Aon’s newly published global business risk analysis in its 2006 Political & Economic Risk …
Insurance Journal has launched IJ Broadcasting, an enhanced section on its Web site for multimedia content that will include video and audio interviews, current news and features, educational workshops and other industry-related information. IJ Broadcasting is also making online video …
Eleven defendants have been indicted on charges including arson and destruction of an energy facility for allegedly participating in a campaign of domestic terrorism in five western states on behalf of the extremist Earth Liberation Front (ELF) and the Animal …
Families of New York firefighters killed at the World Trade Center on Sept. 11, 2001, failed this week to persuade the Supreme Court to allow them to go forward with a lawsuit against New York City and Motorola for supplying …
Aon Limited, The U.K.-based insurance broker and risk management consultant for the Aon Group, has published its 2006 Risk Report assessing some of the major new and existing risk challenges for UK businesses. Climate change and pandemics (presumably avian influenza, …
Insurers that write monoline farm policies and incidental professional liability coverage may face additional work to clarify coverage for their insureds under the federal terrorism reinsurance program. During a conference call, officials of the U.S. Treasury Dept., which administers the …
New York City was dismissed from a federal lawsuit alleging that it was negligent in the collapse of a building at the World Trade Center that crumbled hours after the twin towers fell. Judge Alvin K. Hellerstein dismissed the city …
