In anticipation of the Oct. 7, National Symposium on the Future of Terrorism Risk Insurance, Aon said Wednesday that the private insurance market cannot operate without some form of public backstop against catastrophic terrorism losses. According to the company, the …
Efforts are underway in New York to create a catastrophe program funded by property insurance premiums that will protect New Yorkers from the consequences of a catastrophic storm, terrorist attack or other event. The effort in New York is part …
Residential Contractors General Liability Nuts & Bolts: Quadrant Insurance Managers added two new contractor programs to be based out of its Texas office: residential homebuilders/contractors general liability and roofing contractors general liability. The programs are available in Texas on a …
Roundup of Katrina Loss Estimates: As the scope of the devastation wrought by Hurricane Katrina became increasingly evident, European and Bermuda-based insurers and reinsurers continued to calculate their potential exposures. Most, if not all, of the estimates are based on …
The devastation left by Hurricane Katrina stirred up familiar talk in the insurance industry and beyond about the need for a federal catastrophe risk program. And less than a month after Katrina, insurance regulators from the nation’s largest states announced …
Industry pundits have praised today’s insurance chief executive officers as better informed and more disciplined than their peers of the past. The next few months may put that notion to the test as these leaders are forced to respond to …
Efforts are underway in New York to create a catastrophe program funded by property insurance premiums that will protect New Yorkers from the consequences of a catastrophic storm, terrorist attack or other event. The effort in New York is part …
Roundup of Katrina Loss Estimates: As the scope of the devastation wrought by Hurricane Katrina became increasingly evident, European and Bermuda-based insurers and reinsurers continued to calculate their potential exposures. Most, if not all, of the estimates are based on …
But SOX May Be What Really Keeps Them Focused on Financial Strength Industry pundits have praised today’s insurance chief executive officers as better informed and more disciplined than their peers of the past. The next few months may put that …
The devastation left by Hurricane Katrina stirred up familiar talk in the insurance industry and beyond about the need for a federal catastrophe risk program. And less than a month after Katrina, insurance regulators from the nation’s largest states announced …
