AIG CEO Maurice “Hank” Greenberg followed up his statement on Wednesday in which he said that “These attacks are an enormous human and national tragedy,” with the reassurance that “We remain intensely focused on providing immediate assistance and relief to …
Paris-based SCOR Group, whose American subsidiary occupied Floors 23-24 in the South Tower of the World Trade Center, issued the following statement: “SCOR Group would firstly like to express its sympathy to the staff of those companies present in the …
SCPIE Holdings Inc., one of the nation’s leading providers of healthcare liability insurance, announced that its operations have not been affected by the tragic attack on the World Trade Center. Although the company’s reinsurance operations were headquartered in the North …
While a myriad of businesses called the Twin Towers of the World Trade Center home, insurance companies were particularly hard hit with Tuesday’s terrorist attack on the 110-story landmarks. The following is a list of some of the companies and …
Jerry Tegan, president and CEO of Aon Specialty Product Network, released the following statement on Sept. 12: “As each of you know, we had a very devastating day in this country yesterday and certainly at Aon. Aon occupied several floors …
Insurers from around the world have strongly condemned Tuesday’s terrorist attacks, and have expressed their sympathy for the victims and their families. A number of companies spoke out to affirm that, despite the huge loss estimates, global insurance and reinsurance …
Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being pulled …
“The vast majority of our 1,100 employees who worked in the World Trade Center have been reported as safe,” Stephen Ban, senior vice president of marketing/communications in Chicago, told Insurance Journal. “We have contacted nearly all of the employees who …
As rescue efforts continue in lower Manhattan, Washington, D.C., and Pennsylvania, catastrophe teams from property/casualty insurance companies are poised to enter the damaged areas to begin assessing the damage and paying claims as soon as civil authorities and law enforcement …
RLI Corp. executives said that the company does not expect a significant number of insurance claims from Tuesday’s attacks in New York City and Washington, D.C. The company has a limited number of risks in these metropolitan areas. “While we …
