As the heroic rescue and recovery efforts in the wake of the Sept. 11 terrorist attacks continue, workers’ compensation insurers will have an important role in repairing the economic damage resulting from the tragedy, according to the National Association of …
Aon Corp. recently issued the following statement to its clients and stockholders from Chairman and CEO Patrick G. Ryan: “The shocking events of last Tuesday have had a dramatic impact on the world. Our primary focus since the terrorist attacks …
The New York State Insurance Department (NYSID) announced that it is coordinating the crisis management of the insurance industry resulting from last Tuesday’s terrorist attack against the World Trade Center, and has requested that all leading insurers have representatives permanently …
Chicago-based Aon Corp., the world’s No. 2 insurance broker with about 1,100 staff in the World Trade Center, said on Friday that 200 employees remained unaccounted for after the Sept. 11 attack that destroyed the twin towers. “It grieves me …
The insurance industry will do everything it can to comply with the New York Insurance Department’s advice to insurance adjusters and underwriters to exercise care and “responsible judgment” in judging claims arising from last week’s World Trade Center tragedy. “While …
The New York City operations of the reinsurer St. Paul Re — based at 195 Broadway, one block from the World Trade Center, and evacuated in the events of Sept. 11 — are continuing from the company’s Morristown, N. J. …
The Executive Committees of co-sponsors The Council of Insurance Agents + Brokers and The Council of Insurance Company Executives announced yesterday the cancellation of the 88th Annual Insurance Leadership Forum, scheduled for Oct. 5 -10 at White Sulphur Springs, W. …
The coordinated terrorist attacks in New York’s lower Manhattan and Washington, D.C., last week targeted indisputable symbols of American prestige and military power: the World Trade Center and the Pentagon. The attacks delivered paralyzing blows to not only America’s economic …
A number of Bermuda-based insurers have extended their condolences to the families of victims of the terror attacks on the World Trade Center and the Pentagon. Bermuda’s two largest insurers, ACE and XL, made statements last week (See today’s national …
By Charles E. Boyle The events of Sept. 11 shook the foundations of the American financial community, and industry giant American International Group is one of many shaken by the tragedies. AIG has issued a preliminary estimate of its total …
