Prepping for the next terrorism attack on U.S. Soil is on the minds of many insurers as the country nears expiration of TRIA. The fear is not if, but rather when another assault on the U.S. occursand conversely, not when the industry pays those claims, but if it is able...

The International Association of Insurance Supervisors proposes to limit participation of "observers"including insurance industry associations, lawyers, consultants, non-governmental organizations and consumer advocates.

Insurance rating agency A.M. Best Co. says 34 rating units failed a stress test to assess capitalization sans the federal terrorism backstop.