The life insurance industry had a stake in a decision made on Capitol Hill on Friday when the U. S. Senate refused to re-authorize major portions of the USA Patriot Act. Critics of the act complained they infringed too much …
Massachusetts Auto Producer Reassignments Delayed: Massachusetts Insurance Commissioner Julianne Bowler has asked that a plan for reassignment of auto insurance producers doing business with the state’s residual market, Commonwealth Auto Reinsurers, be delayed in response to criticism by several insurers …
Does the world seem to be careening from one crisis to another these days or is it all hype by news outlets? Unfortunately, it’s not hype; it’s the real world. Not a day goes by without reports of terrorist threats …
Congress has only a few days left to decide the future of one of the legacies of the Sept. 11 attacks, federal backup for terrorism insurance sought by the nation’s builders and investors. The 2002 Terrorism Risk Insurance Act is …
An article published by Standard Poor’s Ratings Services stated that if Congress fails to renew or extend the Terrorism Risk Insurance Act (TRIA), the commercial lines property/casualty insurance sector will be placed on negative outlook. According to the report, titled, …
How governments can best prevent, prepare and respond to mass casualties, whether from natural events such as Hurricane Katrina or a terror attack, is the mission of a new center led by Johns Hopkins University. A $15 million, three-year grant …
Connecticut homeland security officials went more than two hours Friday without knowing that a series of bomb threats had forced the evacuation and shutdown of the state’s 45 courthouses, authorities acknowledged Monday. Neither police nor Gov. M. Jodi Rell’s office, …
Legislation that would extend the federal terrorism insurance backstop through 2007 is likely to be considered by the full U.S. House of Representatives this afternoon. TRIA, passed a year after the attacks of Sept. 11, 2001, created a temporary federal …
Legislation that will extend the 2002 Terrorism Risk Insurance Act for an additional two years passed on the House of Representatives floor today. The House bill (S. 467) passed by a vote of 371 to 49. The Senate already approved …
The National Association of Professional Insurance Agents applauded House passage of legislation to extend for two years the Terrorism Risk Insurance Act (TRIA). The House approved by a 371-49 vote a TRIA renewal bill. As there are differences between this …
