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- Economy will suffer if Congress lets TRIA lapse: Buyer; Terrorism backstop not a 'bailout' but vital to development.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-Allowing the public/private partnership that currently guarantees terrorism insurance to lapse would have severe economic consequences, according to a prominent policyholder representative. "Without terror Byline: MARK A. HOFMANN WASHINGTON-Allowing the public/private partnership that currently...
- Research articles 2006-11-27
- NAR Applauds Senate Passage of Terrorism Risk Insurance Act
- WASHINGTON, Nov. 18 /U.S. Newswire/ -- The National Association of Realtorsr applauded the U.S. Senate today for passing legislation that ensures the continued availability and affordability of terrorism insurance. The Terrorism Risk Insurance RevisionWASHINGTON, Nov. 18 /U.S. Newswire/ -- The National Association of Realtorsr applauded the U.S. Senate today...
- Research articles 2005-11-18
- 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
- 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
- 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
- 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
- A.M. Best Special Report: Terrorism - Too Risky Without TRIA
- OLDWICK, N.J. -- A.M. Best Co. believes terrorism is too risky without some sort of backstop to protect insurance companies providing coverage on a primary basis. The expiration of the Terrorism Risk Insurance Act TRIA of 2002 without any substantive replacement could trigger a number of downgrades in the financial...
- Research articles 2005-12-19
- Solution sought to terror risks; Risk managers see need for government involvement.(Spotlight: RIMS 2006 Trends & Developments)(Risk and Insurance Management Society Inc.)(Terrorism Risk Insurance Extension Act of 2005)
- Byline: GLORIA GONZALEZ HONOLULU-A practical, long-term solution to handling terrorism risks must include continued federal government involvement in any type of reinsurance program, risk managers say. While the exact form of that involvement ma Byline: GLORIA GONZALEZ HONOLULU-A...
- Research articles 2006-05-08
- 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
- 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
- Study calls for broadening U.S. terror coverage; RAND report cites TRIA gaps.(News)(Terrorism Risk Insurance Act )
- Byline: ROBERTO CENICEROS While policyholders and insurers await a key U.S. Treasury Department report on long-term proposals for terrorism insurance, a study released last week maintains that merely extending the availability of the current cover Byline: ROBERTO CENICEROS While policyholders...
- Research articles 2005-06-27
- Battle begins to extend terrorism backstop.(Tria's Fate Uncertain)
- LEGISLATION EXTENDING the Terrorism Risk Insurance Act for two years beyond its Dec. 31 expiration date has been introduced in the Senate, while Fed Chairman Alan Greenspan boosted the case for extension by conceding that a private reinsurance market LEGISLATION EXTENDING the Terrorism Risk Insurance Act...
- Research articles 2005-02-28
- Amid fresh terror warnings, insurers eye long-term risks.(Top Stories of The Week)
- As the United States gets ready for the second anniversary of Sept. 11 events, there is a heightening concern--fueled by warnings from the Homeland Security Department and strings of recent terrorism attacks overseas--that terror groups may once agai As the United States gets ready for the...
- Research articles 2003-08-18
- 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
- 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
- Appetite for terror cover growing among buyers; TRIA's end could shrink market, surveys suggest.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN The market for terrorism insurance is alive and well, according to studies released last week by the two largest insurance brokers. In fact, the reports, released separately by Marsh Inc. and Aon Corp., showed that risk m ...
- Research articles 2004-12-20
- Extension of TRIA only a short-term fix.(Congress approval for terrorism insurance)(Editorial)
- RISK MANAGERS AND INSURERS have gained an additional two years of breathing room-but precious little else-from Congress' approval of a measure that would extend a scaled-back version of the federal terrorism insurance backstop through the end of 2007 RISK MANAGERS AND INSURERS have gained an additional...
- Research articles 2005-12-26
- 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
- Industry questions findings of TRIA report; Treasury opposes renewal of program without changes.(News)(ine Lloyd Thompson Group PLC)
- Byline: MARK A. HOFMANN WASHINGTON-The U.S. Congress should move swiftly to deal with the terrorism insurance issue in the wake of the Treasury Department's recommendation that the Terrorism Risk Insurance Act not be extended in its present form, Byline: MARK A. HOFMANN...
- Research articles 2005-07-04
- 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
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