Congress is continuing its discussion this week on legislation to renew the federal terrorism insurance backstop program, the Terrorism Risk Insurance Act, which is currently scheduled to expire at the end of 2007. Congressman Paul E. Kanjorski, D-Pa., chairman of …
Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see — significant results from workers’ compensation reforms enacted in 2005, according to the …
It’s becoming a familiar song: the Federal Terrorism Risk Insurance Act (TRIA) is once again due to expire on Dec. 31, 2007, and as of this writing, no long- or short-term successor program has been decided upon or finalized. The …
Marsh & McLennan Companies has vigorously defended its use of photographs in a recent ad campaign against the suggestion in a New York newspaper article that they contain images of the Twin Towers of the World Trade Center. The risk …
The workers’ compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995, according to the industry’s NCCI Holdings Inc. in its …
Renewal of TRIA likely to go down to the wire, again It’s becoming a familiar song: the Federal Terrorism Risk Insurance Act (TRIA) is once again due to expire on Dec. 31, 2007, and as of this writing, no long- …
Take out California’s numbers and the national picture appears even brighter — almost 10 points better The workers’ compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first …
South Carolina joined Maine, New Hampshire and other states this week as it formally rejected a federal mandate that sets new national driver’s license standards. Gov. Mark Sanford signed a bill into law that says the state will not participate …
As the 2007 hurricane season opens, memories of the horrible 2005 season may have begun to fade from people’s memories, especially as the 2006 season was relatively storm free. But, with one named storm already in the books for this …
Editor’s Note: An earlier version of this article quoted Chris Palmer of Aon. Palmer is no longer with Aon, but instead is employed by CMM Entertainment. Insurance Journal regrets the error. Economic and political situations in a number of countries …
