On Sept. 17, 2025, the Housing and Insurance Subcommittee of the House Financial Services Committee held a hearing on the reauthorization of the Terrorism Risk Insurance Act of 2002. The act began as ...
A Long Island shopping center was notified by one of its lenders that it must get war insurance coverage or risk losing a loan. A Canadian office developer renewed its insurance policies earlier this ...
While some organizations are calling for an end to government backstopping of terrorism losses, the Risk & Insurance Management Society and the National Association of Mutual Insurance Companies are ...
This article was adapted from the testimony of Erwann Michel-Kerjan, managing director of Wharton’s Risk Management and Decision Processes Center, before the U.S. Congress, House Subcommittee on ...
The following information was released by the U.S. House of Representatives Committee on Financial Services: Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood ...
The deadly Paris terrorist attacks on the offices of the newspaper Charlie Hebdo served as a grim reminder that terrorism has not abated, prompting the Senate to vote Thursday to renew the Terrorism ...
President Barack Obama signed the Terrorism Risk Insurance Act law on Jan. 12. The action renews the program created in response to the Sept. 11, 2001, attacks for six years. Congress voted the ...
Despite Monday’s deadline for insurance companies to set premiums for terrorism insurance, businesses and insurers are still haggling over the cost of covering future terror-related losses. As a ...
LONDON, May 14, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that it has made two key appointments to drive further profitable ...
The Red Fort car explosion in Delhi, which claimed 12 lives and injured more than twenty people, has reignited a crucial debate: are Indians financially protected ...
WATERLOO, Iowa (AP) -- Terrorism coverage will increase the city's cost of insurance this year, city officials said. The City Council voted unanimously this week to renew its annual property and ...