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By Arthur D. Postal, PropertyCasualty360.com |
September 9, 2011
Industry experts discuss the impact on the insurance industry of the Terrorism Risk Insurance Act.
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By Arthur D. Postal, PropertyCasualty360.com |
September 8, 2011
A Mississippi senator withdrew his amendment to flood-insurance reauthorization legislation that would have terminated the Terrorism Risk Insurance Act in 2013, a year earlier than authorized in 2007 legislation.
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By Arthur D. Postal, PropertyCasualty360.com |
September 7, 2011
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.
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By Arthur D. Postal, PropertyCasualty360.com |
January 31, 2011
Capacity has increased for terrorism risk insurance since 2006, but take-up rates remain about the same, a Treasury working group reported late Friday.
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By Arthur D. Postal, PropertyCasualty360.com |
September 27, 2010
Backing out of the terrorism reinsurance business would be a really bad idea for the financial security of private businesses and the health of the overall U.S. economy, p&c industry leaders warned.
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By Arthur D. Postal, PropertyCasualty360.com |
September 14, 2010
Reducing federal support of the Terrorism Risk Insurance Program in 2011 "would have a far-reaching effect on the availability and affordability of terrorism risk insurance," the Insurance Information Institute said in a recent paper.
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By Arthur D. Postal, PropertyCasualty360.com |
September 13, 2010
Reducing federal support of the Terrorism Risk Insurance Program in 2011 "would have a far-reaching effect on the availability and affordability of terrorism risk insurance," the Insurance Information Institute (I.I.I.) said in a recent paper.
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By Arthur D. Postal, PropertyCasualty360.com |
August 26, 2010
Swiss Re and Lloyd's are warning the Treasury Department that the current federal terrorism risk insurance program is underpinning the market, and ending the program would likely substantially limit private market capacity for terrorism risk coverage.
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By Arthur D. Postal, PropertyCasualty360.com |
August 25, 2010
Marsh is telling the Obama administration that cutting the federal terrorism risk insurance program would have a dire impact on the availability of terrorism insurance in the U.S.
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By Staff Writer |
June 14, 2010
The U.S. Department of the Treasury is seeking comments on the long-term availability and affordability of terrorism risk insurance.
