Insurers exposure to the 9/11 terrorist attacks has not gone away, as the owners of the World Trade Center continue to seek recoveries from that tragic event in federal court.
The horrific events of September 11, 2001 fundamentally altered the insurance industry in a multitude of ways. To examine those changes, we asked carrier executives, catastrophe modelers and five top risk managers to explain in their own words how the coverage landscape has been transformed in the wake of the...
Life has few certainties, but Id be willing to bet my existence that every single person reading this issue of NU remembers exactly where he or she was on Sept. 11, 2001. Its a day whose events have been seared indelibly into all our memories.
An amendment that would sunset or end the Terrorism Risk Insurance Act in 2013 will be offered Thursday as an amendment to the legislation reauthorizing the National Flood Insurance Program.
Willis Global Captive practice says it is currently seeing strong interest in new captive formations and expects a further uptick in activity as firms begin preparing for a possible firming in market conditions.