Terrorism News

Professional liability ripples

urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures from the Insurance …

Mid-Atlantic States Form Regional Hazard Consortium to Improve Emergency Readiness

A number of Mid-Atlantic states are forming what they are calling the All Hazards Consortium to increase preparedness by enabling emergency management participants to share strategies and integrate planning. The AHC, a not-for-profit organization, emerged from last year’s All Hazards …

PCI Meeting Focuses on Reform of “Flawed” Regulatory System

Regulatory reform, terrorism insurance and the eventual impact of record-breaking natural disasters were the main topics of discussion at the annual meeting of the Property Casualty Insurers Association of America, held in Chicago last month. In opening remarks by PCI …

News Briefs

P/C Insurers Post Record Results in 2005: The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion, with a net income of $32.1 billion during the first six months of 2005, a substantial gain from the record results posted …

News Briefs

P/C Insurers Post Record Results in 2005: The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion, with a net income of $32.1 billion during the first six months of 2005, a substantial gain from the record results posted …

Business, Republicans, Even Democrats Sorry to See Oxley Go

Republican Rep. Mike Oxley announced this week that he will retire, depriving Congress of one of its most powerful champions for corporate oversight and insurance protection. His departure at the end of his term in January 2007 isn’t likely to …

San Antonio All Industry Day Planned for Nov. 16

The Alamo Chapter CPCU along with the South Texas Chapter of RIMS will present An All Industry Day in San Antonio on Nov.16, 2005. The theme of the all day venue of speakers and presentations is “Technology- Friend or Foe.” …

Gen. Colin Powell to Address 2006 Big ‘I’ Convention

Gen. Colin Powell, USA (Ret.), will be the keynote speaker at the 2006 Big “I” National Legislative Conference & Convention. Gen. Powell is scheduled to speak April 28, 2006 at the event’s closing general session. His speech will focus on …

Rep. Oxley to Retire at End of 2006

Rep. Michael G. Oxley (R-Ohio), Chairman of the U.S. House Financial Services Committee announced yesterday that he will not seek re-election in 2006. Oxley will retire from Congress at the end of his current term, completing 25 years of service …

N.Y. Hopeful Spitzer Stresses Strong Enforcement as Good for Businsess

New York Attorney General Eliot Spitzer, who is running for Governor in his home state, has painted his critics as defenders of corrupt practices and not true champions of free enterprise. He also has sought to refute the idea that …