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- RAND study makes case for TRIA extension: insurance companies paid half of the $38 billion in 9/11 victim compensation.(Terrorism)
- A STUDY BY AN INDEPENDENT think tank that reports insurers paid 51 percent of the $38.1 billion in compensation to victims of the Sept. 11, 2001 terrorist attack points up the urgent need for the Terrorism Risk Insurance Act to be renewed, an insurer A STUDY...
- Research articles 2004-11-15
- Moody's surveys insurers on TRIA. (Tria: Insurer Survey).(Terrorism Risk Insurance Act of 2002)
- The Terrorism Risk Insurance Act of 2002 has resulted in lower terrorism premiums, but many buyers still consider the price too high to buy it, according to a survey of U.S. commercial lines insurers by Moody's Investors Service. Jim Bartie, vice The...
- Research articles 2003-06-09
- Late News; Bush signs class action reform measure.(George Bush W.)
- The House of Representatives last week passed, and President Bush signed, the Class Action Fairness Act. Among other things, the act permits the removal of certain class actions involving defendants and plaintiffs from multiple states to federal cour The House of Representatives last week passed, and...
- Research articles 2005-02-21
- 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
- CEOs find common concern in TRIA.(Feature: Gatherings)(Terrorism Risk Insurance Act of 2002 )(Conference news)
- Byline: Meg Fletcher SEATTLE-A group of insurer chief executive officers readily agreed about the need for a federal terrorism insurance backstop and improved privacy controls, but other consensus was harder to come by at the Property Casualty Ins Byline: Meg Fletcher ...
- Research articles 2007-01-01
- Insurers need TRIA just like banks need FDIC.(A View From The Top)(Terrorism Risk Insurance Act of 2002 and Federal Deposit Insurance Corp.)
- During the last 100 years, America has endured a handful of shocking events, two of which require little more than a date to conjure up awful memories--Sept. 11, 2001 and Oct. 29, 1929. Lessons learned from the earlier of these two events--the &qu ...
- Research articles 2005-01-24
- ISO filings made in case TRIA expires; Endorsements would allow insurers to limit coverage.(News)(Insurance Services Office Inc.)(Terrorism Risk Insurance Act of 2002)(Brief Article)
- Byline: MEG FLETCHER JERSEY CITY, N.J.-The Insurance Services Office Inc. has taken initial steps to allow insurers to deny or modify terrorism coverage if the federal terrorism backstop program is not extended beyond its current Dec. 31, 2005, su Byline: MEG FLETCHER ...
- Research articles 2004-05-10
- Will TRIA extension vote go to the wire? Three experts think Congress won't act until 11th hour, putting policyholders at risk.(WCEC Conference Report)(Terrorism Risk Insurance Act)
- CONGRESS WILL PROBABLY WAIT until the Terrorism Risk Insurance Act is very close to its Dec. 31, 2005 expiration date before it extends the measure, a trio of workers' compensation experts predict. Robert P. Hartwig, senior vice president and chief CONGRESS WILL PROBABLY WAIT...
- Research articles 2004-09-20
- Treasury issues backstop help.(News)(Treasury Department issued interim guidance on Terrorism Risk Insurance Act of 2002)
- Byline: MARK A. HOFMANN WASHINGTON-The Treasury Department has issued its first interim guidance on implementation of the Terrorism Risk Insurance Act of 2002. The interim guidance was unveiled at a Dec. 3 press conference by Treasury Undersecre Byline: MARK A. HOFMANN...
- Research articles 2002-12-09
- 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
- Insurers pessimistic about help from Congress: lobbyists believe little time is left to act on key industry concerns, such as TRIA.(Washington Outlook)
- THE PROPERTY-CASUALTY insurance industry will be playing "small ball" during what little time is left in this session of Congress, with any expectation of concrete action over the next six weeks centering on a tax provision that will provid THE PROPERTY-CASUALTY insurance industry will be playing...
- Research articles 2004-09-13
- Late News; Treasury extends TRIA `make available' rule.(Terrorism Risk Insurance Act)
- The Treasury Department will extend the "make available'' provision of the Terrorism Risk Insurance Act through the end of 2005. That provision requires commercial property/casualty insurers that participate in the federal terrorism insurance b The Treasury Department will extend the "make available'' provision of...
- Research articles 2004-06-21
- 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
- TRIA gets mixed reviews; bermuda grows.(Terrorism Risk Insurance Act; Aon's '2003 U.S. Property Report')
- The Terrorism Risk Insurance Act has been met with mixed reviews from insurers and buyers, according to a report released by Chicago-based Aon recently. Aon's "2003 U.S. Property Report" said that many insurers and buyers see TRIA as &qu The Terrorism Risk Insurance...
- Research articles 2003-04-21
- Terror bill hopes renewed; Senate vote expected on federal backstop proposal.(Terrorism Risk Insurance Act of 2002, US Senate bill-S. 2600)(Brief Article)
- WASHINGTON-Advocates of terrorism insurance legislation are growing increasingly optimistic that the Senate will pass its long-delayed bill this week. In fact, Senate Majority Leader Tom Daschle, D-S.D., filed a cloture motion Friday morning that WASHINGTON-Advocates of terrorism insurance legislation are growing ...
- Research articles 2002-06-17
- What's good for insurers is good for America: Lobbyists.(Industry Forecast)(Cover Story)
- Byline: Roseanne White Geisel As the property/casualty insurance industry kicks off its 2005 legislative game plan, advancing the agenda likely will require a clear message to those standing in the way: the industry's positions are in the national Byline: Roseanne White Geisel ...
- Research articles 2005-01-17
- TRIA's end will lead to `major changes'.(Industry News)(Terrorism Risk Insurance Act)(Brief Article)
- NEW YORK-Failure to extend the federal Terrorism Risk Insurance Act beyond its scheduled sunset on Dec. 31, 2005 is already prompting changes in some sectors of the U.S. insurance industry, and the failure to extend the measure could have a significa NEW YORK-Failure to extend the...
- Research articles 2005-02-01
- Future could look dim without TRIA.(Commentary)(Terrorism Risk Insurance Act)(Excerpt)
- Byline: Mark A. Hofmann Excerpt from "Zips: An Economic History of the United States, 2001-2010,'' Hofmann and Hofmann, eds.; Washington, 2019... As the 109th Congress convened in early 2005, risk managers, commercial real estate concerns a Byline: Mark A. Hofmann ...
- Research articles 2005-01-03
- 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
- Call for TRIA extension grows louder in Congress; House panels weigh impact of federal backstop.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-Support may be growing in Congress for extending the Terrorism Risk Insurance Act beyond its current Dec. 31, 2005, sunset date. As was evident in last week's joint meeting of the House Financial Services Comm Byline:...
- Research articles 2004-05-03
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