Insurers Must Be Open, Clear When Pricing Terrorism Risks
With an exposure as difficult to underwrite as terrorism, it is inevitable that insurers will be challenged by regulators and consumer advocates about how they go about pricing the risk.
The first clash is occurring in Washington, D.C., the backyard of the U.S. Congress, which required carriers to offer the coverage as part of its landmark Terrorism Risk Insurance Act.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
