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- in financial markets, hedging or any other strategy that reduces risk while permitting participation in potential gains
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- Terrorism law puts Treasury Dept. into the insurance regulation business. (Capitol Insights).(Terrorism Risk Insurance Act)
- Despite what I think is a sincere desire to leave regulation of insurance to the states, it is hard not to notice that the terrorism insurance bill is forcing the Treasury Department to move closer and closer to developing a type of federal oversight Despite what...
- Research articles 2003-03-31
- 2005's risk management newsmakers.(Spotlight: Year in Review--Risk Management)
- While many may see the probe by Connecticut Attorney General Richard Blumenthal into insurance industry abuses as a me-too move following the 2004 investigations by New York Attorney General Eliot Spitzer, few will disagree that Mr. Blumenthal held h While many may see the probe by...
- Research articles 2006-01-02
- Insurance execs: congress failing our industry.(IIABA Conference Report)
- CONGRESS' INABILITY TO PASS the Terrorism Risk Insurance Act and other legislation is costing the economy money and underscores the legislators' failure to understand the role insurance plays in it, a panel of insurance executives said. "Ther CONGRESS' INABILITY TO PASS the Terrorism...
- Research articles 2004-10-18
- Extend TRIA or face huge risks, industry warns: backstop needed to maintain stability of insurance market.(Terrorism Alert)
- A UNITED INSURANCE INDUSTRY urged Congress last week to extend the Terrorism Risk Insurance Act for two more years to maintain the stability of the insurance marketplace as well as the nation's overall economy. John J. Degnan, vice chairman of War A UNITED...
- Research articles 2004-05-24
- Orange alert leaves terror cover demand unchanged. (Late Breaking News).
- When the U.S. Department of Homeland Security increased the threat level to Orange, or High Risk of a Terrorist Attack, the public's defense was a run on duct tape, sheets of plastic and bottled water. For the commercial insurance client, the alert d When the U.S....
- Research articles 2003-02-24
- Congress OKs terror backstop; Buyers' attention turns to the insurance market's response.(News)(Terrorism Risk Insurance Act of 2002)
- Byline: MARK A. HOFMANN WASHINGTON-Risk managers and brokers are now waiting to see how the commercial insurance market will react to passage of a long-awaited terrorism insurance bill. Questions about how the legislation will affect insurance c Byline: MARK A. HOFMANN...
- Research articles 2002-11-25
- GAO examines TRIA effects.(Capitol Beat)
- After the terrorist attacks of Sept. 11, 2001, insurance coverage for terrorism largely disappeared. The following year, Congress passed the Terrorism Risk Insurance Act to help commercial property-casualty policyholders obtain terrorism insurance an After the terrorist attacks of Sept. 11, 2001, insurance coverage for terrorism...
- Research articles 2004-07-01
- 2005 to see its share of captive controversies: GAO evaluation, TRIA debate, Spitzer probe, softening market will all have impact.(Alternative Markets)(Terrorism Risk Insurance Act of 2002)
- WHILE IT'S STILL TOO EARLY to ring in the New Year, it is never too early to start planning for it. In 2005, the alternative risk-transfer community will be confronted by a variety of issues and developments, some of which are perking along already. WHILE...
- Research articles 2004-12-13
- Late News; Court strikes down ban on same-sex unions.(meshed briefs)
- The Massachusetts Supreme Court has ruled that the state cannot ban gay marriage, opening the way for gay and lesbian couples in the state to receive the same protections and benefits as heterosexual married couples. In its 4-3 decision in Hilary Goo The Massachusetts Supreme Court...
- Research articles 2003-11-24
- Late News; Energy firm seeks OK for benefits in captive.(AGL Resources Inc., Department of Labor)
- Atlanta-based AGL Resources Inc. is asking the Labor Department for permission to fund benefit risks of its employees through the Hawaii branch of its British Virgin Islands-domiciled captive. The natural gas company wants to use a Hawaii branch of G Atlanta-based AGL Resources Inc. is asking...
- Research articles 2005-10-31
- TRIA renewal no slam dunk in Congress.(ILL WINDS BLOWING)(Terrorism Risk Insurance Act of 2002)
- THE FATE OF THE TERRORISM RISK Insurance Act is still very much up in the air, based on the skeptical attitudes of key leaders in both houses of Congress. Sen. Richard Shelby, R-Ala., who chairs the Senate Banking Committee, said Congress should v ...
- Research articles 2005-05-23
- Prospects brighten for renewal of TRIA; Action on measures in House and Senate fuels optimism.(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-The odds that the Terrorism Risk Insurance Act will be extended for at least two years look considerably better thanks to last week's approval of reauthorization legislation by the full Senate and a key panel in Byline: MARK...
- Research articles 2005-11-21
- Country needs TRIA, insurers say.(Red Alert)(Terrorist Risk Insurance Act)
- SEVERAL PROPERTY-CASUALTY insurance trade groups are using a study they commissioned to buttress their argument that Congress should enact a two-year extension of the Terrorist Risk Insurance Act. The groups contend that an extension would help the SEVERAL PROPERTY-CASUALTY insurance trade groups are using...
- Research articles 2004-09-20
- TRIA extension gains momentum in Congress.(Washington Update)(Terrorism Risk Insurance Act)
- MOMENTUM CONTINUES TO grow in Congress for passage this year of legislation extending for two years the Terrorism Risk Insurance Act. A markup on enabling legislation is scheduled for Sept. 29 before the full House Financial Services Committee, and MOMENTUM CONTINUES TO grow in...
- Research articles 2004-09-27
- Sweeping Republican victory seen facilitating class-action reform effort: defeat of Senate minority leader removes one major roadblock for the industry.(Bush Prevails)
- THE REELECTION OF PRESIDENT George W. Bush, coupled with the Republicans gaining seats in the U.S. Senate is being viewed by the property-casualty insurance industry as paving the way for class-action reform sooner rather than later in the next Congr THE REELECTION OF PRESIDENT George W....
- Research articles 2004-11-08
- Republicans rule, but P-C bills face hurdles.(Property and casualty )
- THE PROPERTY-CASUALTY INDUSTRY enters 2005 aware that Washington is sympathetic to its federal legislative and regulatory priorities and that it backed the right horses in the 2004 election. However, the question remains whether Congress will get t THE PROPERTY-CASUALTY INDUSTRY enters 2005 aware that...
- Research articles 2005-01-03
- CFA urges states to reject ISO's terrorism exclusions.(Gadfly Strikes Again)(Consumer Federation of America, Insurance Services Office)
- STATES SHOULD REJECT THE conditional terrorism exclusions recently filed by the Insurance Services Office, the Consumer Federation of America contends. In a letter sent to all state insurance commissioners, J. Robert Hunter, director of insurance STATES SHOULD REJECT THE conditional terrorism exclusions...
- Research articles 2004-05-31
- Senate Republicans hash out 'unpleasant choice' on TRIA: would extension undermine private market development'?(A 'Bad Law')(Terrorism Risk Insurance Act of 2002)(Federal Terrorism Reinsurance: A Solution Of A Problem)
- THE TERRORISM RISK INSURANCE Act might be an example of a "bad law," forcing Congress to make an "unpleasant choice" on whether to extend it or let it expire, according to a new report from a major Senate Republican committee. THE TERRORISM...
- Research articles 2004-06-21
- Congress still going through motions: prospects for actual movement remain dim on issues important to insurers.(Capital Insights)
- With Congress coming back from its July 4 recess, and several major insurance issues pending in a politically charged environment, this is a good time to analyze the prospects for some specific industry concerns. As always, I will analyze the issue With Congress coming...
- Research articles 2004-07-05
- Calls for TRIA extension growing louder in Senate; But bill, introduced in July, still awaits markup.(News)(Terrorism Risk Insurance Act of 2002)
- Byline: MARK A. HOFMANN WASHINGTON-Senate interest in extending the government's terrorism insurance program may be on the upswing. Nearly every member of the Senate Banking, Housing and Urban Affairs Committee who participated in a hearing last Byline: MARK A. HOFMANN ...
- Research articles 2004-09-27
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