On Dec. 26, 2007, President George W. Bush signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA), thereby retaining the federal backstop for terrorism risk through Dec. 31, 2014. The language of the new law, which …
New leaders tackled old issues and the region battled fire and rain. 1. No day at the beach Insurance markets for coastal properties continued to challenge insurers, agents, policymakers and property owners, despite an inactive hurricane season. For the most …
High heat, changing winds put reputations on the line. 1. Florida’s gamble “It’s all about rates,” maintained Sam Miller, of the industry’s Florida Insurance Council. Florida lawmakers in January passed controversial legislation they hoped would lower Floridians’ skyrocketing property insurance …
The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …
Participants on a panel session debating the pros and cons of proposed federal regulation of the insurance industry at the Casualty Actuarial Society’s (CAS) annual meeting agreed there is a need for regulatory reform, but strongly disagreed on how and …
After more than a decade in counterterrorism, Jim McGee can no longer relax and enjoy watching a sports event. The fans look like potential victims of terrorism to the former FBI agent turned college instructor. The players are possible targets …
Risk Management Solutions Provider Dyadem recently opened its U.S. headquarters in Houston, Texas. Dyadem’s Houston office will address the needs of its existing and rapidly growing U.S. customer base, particularly in the petrochemical and refinery industry, the company announced. Dyadem …
With only five days left before the Terrorism Risk Insurance Act was set to expire on Dec. 31, 2007, President George Bush signed into law legislation that reauthorizes the federal backstop for seven years. Some key provisions of HR 2761 …
Maine and New Hampshire were among the states leading the opposition to a proposed national drivers’ license program, which they criticized as an unfunded $11 billion mandate on states that could place citizens’ personal information at risk. Maine Republican Congressman …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …
