Terrorism News

Four Charged in 1999 Arson Fire at Michigan State University

More than eight years after a New Year’s Eve fire at Michigan State University, four people have been indicted related to an arson incident federal authorities said was an act of domestic terrorism. The government said the defendants had ties …

Marsh Warns London Firms ‘Under-prepared’ for Terrorist Attack

Despite the past deadly attacks and the continuing threat of renewed violence, “London firms appear under-prepared for a terrorist attack,” concludes Marsh from the results of an ad hoc poll. Marsh conducted a survey at recent seminar on terrorism, which …

Time For Independent Agents to Go Global

Businesses are reaching for the golden global ring — are independent agents, too? More and more organizations are manufacturing, sourcing or selling outside the United States. For these companies, international expansion is a business imperative in the quest to stay …

Hiscox USA Adds 2 Experts in Kidnap and Ransom Coverage

New York-based specialty insurer Hiscox USA said it will now offer kidnap and ransom coverage and has added two experts to grow the product. Lisa Zanotelli and Derek Rogers have joined Hiscox USA to develop and underwrite stand-alone kidnap and …

Hundreds of Cranes Loom Over Dense New York City, Pose Constant Risk

They are part of New York’s skyline: hundreds of spindly construction cranes like the one that toppled over the weekend, pulverizing parts of a city block below and killing seven people. As the machines work furiously amid a supercharged building …

World Insurance Forum Opens in Dubai

His Excellency Dr. Omar Bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC), has officially opened the 2008 World Insurance Forum (WIF) at the DIFC. This is the first time the event has been held outside of Bermuda. A …

Willis CEO: ‘Price is an Issue in the Absence of Value’

Willis Chairman and CEO Joe Plumeri concluded a series of discussions on mega-trends in the insurance industry sponsored by the Insurance Institute of London (IIL) at Lloyd’s last week. He told his audience that “one of the biggest challenges facing …

Lloyd’s on ‘Cyber Risks’

Tom Sheffield, Technical Director at Aon, pointed out that businesses are typically at ease with physical security systems, but when it comes to online matters there appears to be a lack of knowledge. Companies must think outside the box and …

Four Charged in 1999 Arson Fire at Michigan State University

More than eight years after a New Year’s Eve fire at Michigan State University, four people have been indicted related to an arson incident federal authorities said Tuesday was an act of domestic terrorism. The government said the defendants had …

Minn. Bridge Victims Would Split $25 Million under Senate Bill

The Minnesota Senate’s main budget committee set the price of compensating victims of the Interstate 35W bridge collapse at $25 million signaling delicate negotiations with the House over its $40 million plan. The most significant question revolves around whether to …