Terrorism News

LWG Consulting Acquires Chicago Data Recovery Inc.

LWG Consulting, providers of technical expertise regarding disasters involving high technology equipment, recently announced the acquisition of the assets of Chicago Data Recovery, Inc., effective January 1, 2006. Since its inception in 1984, LWG Consulting is best known for providing …

Allstate Backs National Disaster Fund But Other Insurers Balk

The chief executive of Allstate Corp., one of the largest U.S. insurance companies, has endorsed a proposal to create a national insurance catastrophe fund as a backstop to state disaster funds. Several Florida lawmakers have proposed legislation to create a …

Ala. County Commissioners Threatened, Reverse Vote to Buy Terrorist Insurance

Two weeks after voting to spend $7,000 a year for terrorism insurance, commissioners in a rural Alabama county have responded to a more immediate threat: angry voters. The Clarke County Commission has voted unanimously to reverse its previous decision, also …

Insurance Skills Center Offers Classes on Katrina, Disaster Planning

The Insurance Skills Center is offering two new classes on disaster preparedness, to be held in Pasadena, Calif., on Jan. 17, and in Irvine, Calif., on Jan. 24. The classes qualify for eight continuing education credits (CEs). The morning class, …

Why Terrorism Insurance Renewal Was So Difficult

Political resistance to new government programs, a pullback in support from the Bush Administration, even some “blue” versus “red” politics were among the forces that got in the way of timely renewal of the federal terrorism reinsurance program, according to …

Okla. Ranked 48th in Emergency Medicine; Liability Lawsuits, Lack of Insurance Part of Problem, Report Says

Oklahoma ranks 48th among the 50 states and the District of Columbia in emergency medicine in a new report issued by the American College of Emergency Physicians. The state was given an overall grade of “D+” and the group called …

Lloyd’s Urges U.S. to End Foreign Insurers’ Trade Barriers

Barriers to trade must be removed to permit foreign reinsurers to lend more support in the event of another mega-disaster such as Hurricane Katrina, Lloyd’s chairman Lord Levene told New York business leaders. Speaking to the Downtown Association and Insurance …

N.Y. State Senator Applauded for Bill Creating State CAT Fund

New York State Senator Michael Balboni (R-East Williston), a member of the Senate Insurance Committee, was applauded this week by an organization of first responders, emergency management experts, building officials and insurance industry leaders for last week’s introduction of legislation …

Enhanced IJ Broadcasting Enlivens Web Content with Interviews, Videos, Ads and More

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 pioneering by making …

Enhanced IJ Broadcasting Enlivens Insurance News with Videos, Interviews, Ads and More

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. Leigh Ann Pusey of AIA Window on …