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- Insurers shaken but solvent-so far.(financial impact of terrorist attacks in U.S. on insurance industry)(Statistical Data Included)
- NEW YORK-The financial shock of the Sept. 11 terrorist attacks will leave most insurers and reinsurers damaged but still solvent. The extent of the damage, though, will depend on the ultimate industrywide loss: Estimates in the last week have range NEW YORK-The financial shock...
- Research articles 2001-10-01
- France considers insurer terrorism aid.(AXA Group, SCOR S.A. forecast heavy losses)(Brief Article)(Statistical Data Included)
- PARIS-French insurers met with government officials last Tuesday to discuss problems resulting from their exposure to claims from the Sept. 11 U.S. terrorist attacks and the possibility of government assistance. A spokeswoman for the Federation Fra PARIS-French insurers met with government officials last Tuesday...
- Research articles 2001-10-01
- WTC-related lawsuits far from resolved; Cleanup health claims pending.(News)(World Trade Center)
- Byline: DOUGLAS McLEOD The Sept. 11, 2001, terrorist attacks spawned insurance coverage litigation almost as fast as they did fear of further attacks, with disputes ranging from how many occurrences the World Trade Center's destruction represented Byline: DOUGLAS McLEOD The...
- Research articles 2006-09-11
- Insurers Mull Attack Losses.(World Trade Center)(Brief Article)(Statistical Data Included)
- While continuing to express concern, grief and condolences for those who lost family, friends, colleagues and clients in the terrorist attack that destroyed New York City'S World Trade Center last week, the insurance industry is going about the grim While continuing to express concern, grief...
- Research articles 2001-09-17
- WTC attack drives efforts to quantify terrorism risks.(News)(World Trade Center)
- Byline: MARK A. HOFMANN & DOUGLAS McLEOD A tool unavailable to U.S. insurers at the time of the Sept. 11, 2001, terrorist attacks is helping them manage terrorism risks with increasing sophistication. The first commercially available version Byline: MARK A. HOFMANN...
- Research articles 2006-09-11
- For The Record.(New estimate of insured property losses from terrorist attacks on WTC and Pentagon reach $20.3 bn)(Legal Beat)(Brief Article)(Statistical Data Included)
- PCS increases Sept. 11 loss estimate The Insurance Services Office Inc.'s Property Claim Services unit has increased its estimate of insured property losses from the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon to $20.3 billi PCS increases Sept....
- Research articles 2002-06-24
- The biggest bill of all; Insurance.(For insurers, this is the biggest man-made disaster ever)(terrorist attacks on the World Trade Center and the Pentagon)(Brief Article)
- For insurers, this is the biggest man-made disaster ever For insurers, this is the biggest man-made disaster ever
- Research articles 2001-09-15
- Not all Sept. 11 claims covered ; BI Executive Forum.(costs of disruption to businesses caused by terrorist attacks)(Brief Article)
- NEW YORK-Business interruption insurance will not cover all the costs of disruption to businesses caused by Sept. 11 terrorist attacks on the World Trade Center, according to New York's top insurance regulator. ``At some point it can't be expected NEW YORK-Business interruption insurance...
- Research articles 2002-02-18
- World Trade Center landlord still fighting with insurers: Sides disagree over number of terrorist attacks. (Commercial Real Estate Quarterly)
- World Trade Center leaseholder Larry Silverstein is close to an agreement with two of his 22 insurers that would treat the terrorist attacks against the complex as one event, not two as Silverstein has claimed. World Trade Center leaseholder Larry Silverstein is close to...
- Research articles 2002-02-18
- Life Insurers See Little Change In The Way They Use Reinsurance.(aftermath of terrorist attacks on World Trade Center)(Brief Article)
- In the aftermath of the Sept. 11 terrorist attacks on the World Trade Center, life insurance companies say the incident will not have much of an impact on their existing reinsurance programs. In the aftermath of the Sept. 11 terrorist attacks on the World ...
- Research articles 2001-10-15
- Don't let tort reform calls sink terrorism reinsurance bill.(Brief Article)(Editorial)
- At last, the U.S. Senate lived up to its responsibility to assure economic stability in case of another terrorist attack by passing a bill to establish a federal reinsurance backstop for catastrophic terrorism losses. We still have a long way to g At...
- Research articles 2002-06-24
- Business Interruption Insurers Expect 'Ripple Effect' From Terrorist Attack Claims.(Terrorist attacks' impact on insurance industry)(Brief Article)(Statistical Data Included)
- The "ripple effect" of claims related to the recent attacks on the World Trade Center extends well beyond the site of the destroyed buildings, creating far-reaching exposure for some insurers that provide business interruption insurance, ac The "ripple effect" of claims related to the recent ...
- Research articles 2001-09-24
- Viacom presses claim for 9/11 business interruption: argues public-interest role in preempting advertising. (Insurance).(Viacom may seek insurance relief related to terrorist attacks)
- In an effort to recover revenue lost following the 9/11 attacks, Viacom is claiming to its insurers that its broadcast properties--CBS and Infinity stations--had no choice under its public-interest. responsibilities in preempting hundreds of millio In an effort to recover revenue lost following the...
- Research articles 2003-01-13
- Workers' Compensation Losses Might Top $1 Billion.(Terrorist attacks' impact on workers' compensation insurance industry)(Brief Article)(Statistical Data Included)
- Workers' compensation insurance company losses from the terrorist attack that killed and injured thousands inside New York's World Trade Center complex could hit $1 billion or a multiple of that figure, industry executives say. New York State's re Workers' compensation insurance company losses...
- Research articles 2001-09-24
- Business interruption claim picture cloudy.(terrorist attack aftermath)(Brief Article)
- As risk managers and their property insurers sort through the array of claims arising from the Sept. 11 terrorist attacks, coverage remains an unpredictable element. Although policyholders with physical property damage will likely be reimbursed fo As risk managers and their property insurers...
- Research articles 2001-10-08
- Interruption claims harder away from Ground Zero.(business interruption claims, World Trade Center terrorist attack)(Brief Article)
- Commercial policyholders that sustained direct physical property damage from the Sept. 11 terrorist attack on the World Trade Center in New York are having an easier time settling their business interruption claims than are those located away from Gr Commercial policyholders that sustained direct physical property...
- Research articles 2002-08-05
- Terrorist Attacks Put Reinsurance Lobbyists on Alert
- Terrorism seems to be on everyone's mind following the July 7 attack on the London underground. It is certainly on the mind of Massachusetts' insurance companies, which along with their national counterparts are lobbying Congress to extend the federal Terrorism Risk Insurance Act. Commonly known as TRIA, the law is...
- White papers
Additional Resources
- Catastrophes: Insurance Issues
- The destruction of the World Trade Center has changed attitudes to risk worldwide. The terrorist attack resulted in the worst U.S. catastrophe, at a minimum more than three times the cost of Hurricane Andrew, the most costly disaster before September 11. It also affected more kinds of insurance than any...
- White papers 2003-11-01
- ABC chair urges passage of terrorism insurance bill.(ASSOCIATION NEWS)(Associated Builders and Contractors)(Brief Article)
- The Terrorism Risk Insurance Act of 2002 is set to expire on Dec. 31, 2005. In the event of a terrorist attack, the federal government will cover 90 percent of losses above a company's deductible, while insurers provide the remaining 10 percent. The Terrorism...
- Research articles 2004-12-01
- QBE Insurance Group (QBE) $6.50.
- Oct 18, 2001 Your Money Weekly ABIX via COMTEX -- Investors are recommended to accumulate QBE Insurance shares below $A6.00. The Australian insurance company has announced an equity raising of between $A500m and $A665m. The funds raised will be used for working capital, the...
- Research articles 2001-10-21
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