World Trade Center News

Business Interruption: When Has the Insurer Satisfied Its Obligation?

One of the most problematic insurance questions that developed following the destruction of the World Trade Center on Sept. 11, 2001, involved business interruption coverage. With the destruction of the World Trade Center complex, there was significant disagreement as to …

Ross Joins Pinnacol Assurance as President and CEO

Pinnacol Assurance, Colorado’s largest workers’ compensation insurer, announced that its board of directors has named Kenneth J. Ross as Pinnacol’s new president and CEO. Ross will succeed Gary Pon, who recently announced his retirement after 20 years as Pinnacol’s chief …

Terror Strike … Again

Recently I attended the National Symposium on the Future of Terrorism Risk Insurance. The day-long symposium, which took place on the campus of the University of Southern California, featured experts from several different perspectives on terrorism insurance. Much of the …

Editor’s Note: Terror Strike Again

Recently I attended the National Symposium on the Future of Terrorism Risk Insurance. The day-long symposium, which took place on the campus of the University of Southern California, featured experts from several different perspectives on terrorism insurance. Much of the …

Safety Report Drawn from WTC’s Collapse

A federal agency that investigated the fires and collapsing of the World Trade Center’s twin towers following the Sept. 11, 2001, terrorist attack has recommended changes in building standards, fire codes and emergency response methods to improve the safety of …

WTC Twin Towers Investigators Urge Improved Skyscraper Safety

A federal agency that investigated the fires and collapses of the World Trade Center’s twin towers following the September 11, 2001 terrorist attack today recommended changes in building standards, fire codes and emergency response methods to improve the safety of …

CLAIM FROM 9-11 OPPOSED:

Responding to a new claim by the Port Authority of New York and New Jersey that it is separately insured for a $2.1 billion “shortfall” in Silverstein property insurance following the Sept. 11, 2001, terrorist attack, a group of insurers …

News Briefs

MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting the six carriers that will service this residual market business beginning next January. The six carriers are St. Paul Travelers, …

Appraisal is Often Best Remedy for Claim Disputes

As someone who makes his living by representing people who sue each other, it may sound odd for me to say, but it’s true-a lawsuit is not the answer to every dispute. A case in point is a typical dispute …

Appraisal is Often Best Remedy for Claim Disputes

When Valuation is at Issue, Appraisal Can Save Money and Time As someone who makes his living by representing people who sue each other, it may sound odd for me to say, but it’s true–a lawsuit is not the answer …