March 7, 2010
As Threats Rise, TRIA Funding Comes Under Attack The threat of domestic terrorism is rising, but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent attack, …
March 7, 2010
Threats On Rise and TRIA Funding Faces Possible Cutback; Standalone Market Could Gain The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top …
March 7, 2010
IRS Worker’s Widow Files Suit to Determine Insurance Coverage Austin, Texas, Police Chief Art Acevedo stopped short of calling the crashing of a small plane into a commercial office building in northwest Austin on Feb. 18 a terrorist act, but …
March 5, 2010
Malaysia and Indonesia said on Thursday they are stepping up security in the Strait of Malacca, one of the world’s busiest shipping lanes, following the Singapore navy’s warning of possible attacks on oil tankers. The Singapore navy “has received indication …
March 5, 2010
Singapore said on Friday it had raised alert levels in the city-state and beefed up security at its airport and new casino resorts after a warning of possible attacks on oil tankers in the Malacca Strait. [See IJ web site …
February 21, 2010
Grounding Claims, Fire, Engine Damage and Piracy All Concerns for Cruise Liners Cruise ships have been in the news a lot recently, but sometimes for the wrong reasons. Stories of passengers stricken with norovirus, or stranded in the Antarctic ice, …
February 19, 2010
Austin, Texas, Police Chief Art Acevedo stopped short of calling the crashing of a small plane into a commercial office building in northwest Austin on Feb. 18 a terrorist act, but U.S. Representative Mike McCaul said he wasn’t so sure …
February 11, 2010
California Insurance Commissioner Steve Poizner has released a list of 50 companies doing business in the Iranian oil and natural gas, nuclear and defense sectors, and announced that as of March 31, 2010, no investments that an insurer holds in …
February 4, 2010
“Rates for Mining Property Damage & Business Interruption (PD/BI) insurance are likely to soften in 2010, but could harden again should this volatile sector experience a catastrophic loss, according to the latest Mining Market Review from Willis Group Holdings. Willis …
February 2, 2010
C.V. Starr & Co. (California) has appointed Michael Garrison president and CEO. The company is an indirect wholly owned subsidiary of C. V. Starr & Co. Inc., and provides comprehensive casualty insurance solutions to a range of specialty classes, including …