Terrorism News

U.K. Experts Warn of Continuing, Evolving Global Terrorist Threats

A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the world. Simon Sole, managing …

How Producers Build Up Construction Insurance Business

Insurance producers land new accounts every day. But successfully building a solid block of business from one new account does not happen every day, particularly in the field of construction insurance. Dave Sinclair of Sinclair Group in Wallingford, Conn., remembers …

Analysts Predict Faster P/C Premium Growth, Underwriting Profit in 2006

Record catastrophe losses will weigh heavily on 2005’s underwriting results, pushing what would have been the industry’s largest underwriting profit ever into a loss situation, according to the Insurance Information Institute’s recent Earlybird Forecast Survey. The survey of Wall Street …

RMS: New TRIA Structure Shifts Risk Burden to Insurance Industry

Newark, Calif.-based Risk Management Solutions (RMS) recently assessed the risk of terrorism and quantified how the terms of the December 2005 renewal of the Terrorism Risk Insurance Act (TRIA) would shift the relative share of the risk from the government …

Treasury Issues Guidance on 2005 Terrorism Insurance

The Treasury Department issued interim guidance to assist the insurance industry in meeting new requirements for the Terrorism Risk Insurance Program. On December 22, 2005, President Bush signed into law the Terrorism Risk Insurance Extension Act of 2005, which reauthorizes …

AAIS Says Policy Forms OK for Use Under Terrorism Extension

Insurers including those writing farm and crime coverages that use programs developed by the American Association of Insurance Services will require no immediate changes to existing endorsements and other materials to comply with the recent extension of the federal terrorism …

Hurricane contractors: Working without a safety net

For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we at Willis work with our clients …

Hurricane contractors: Working without a safety net

For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we at Willis work with our clients …

Hurricane contractors: Working without a safety net

For the cleanup of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we work with our clients across all industries, …

Hurricane contractors: Working without a safety net

For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we at Willis work with our clients …