Agent & Broker

President George W. Bush signed a seven-year extension of the Terrorism Risk Insurance Act, adding domestic terrorist events to the program, but leaving out coverage for attacks using weapons of mass

The Jersey City-based ISO began to submit form and rule filings on Dec. 19 that revise its terrorism programs in response to the measure approved by Congress to extend the Terrorism Risk Insurance

With the property-catastrophe market drying up following back-to-back years of record hurricane losses in 2004 and 2005, Florida lawmakers took a huge leap into the abyss by passing a law to provide

Michael Moore is the man insurers love to hate. His controversial documentary, "Sicko," exposed huge holes in the health care system--not only for those 50 million or so (and climbing) who lack any

If you were an insurance buyer in 2007, you enjoyed the benefits of a rapidly softening market for all but catastrophe-prone exposures, with no turnaround in sight, given the high profits and deep

The last thing insurers expected when wildfires raged in Southern California was to see their already battered reputations as masters of disasters going up in flames. Yet that is exactly what

The announcement from Sue Langley, head of Market Operations and North America at Lloyd's, capped a busy week at the market, which also released a new three-year plan emphasizing underwriting

Insurers, agents and risk managers were relieved to hear that terrorism coverage won't be impossible to find or afford for the next seven years, thanks to the vote in Congress last week to extend the