Insurer Terrorism Refunds Could Reach 50%

By Steven Brostoff

NU Online News Service, Dec. 2, 4:12 p.m. EST, WASHINGTON?Insurance companies should refund 40 percent to 50 percent of the premium for terrorism insurance to businesses with existing coverage, the Consumer Federation of America said in a report that was blasted by insurance groups.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.