The Terrorism Risk Insurance Act (TRIA) has now been extended to Dec 31, 2027.
Unprecedented levels of violence are occurring in areas of the world which were once presumed safe. Here are some reasons why terrorism insurance coverage becomes more relevant each day.
Judge Alvin K. Hellerstein decided the last case pending before him dealing with the massive property losses caused by the terrorist attacks of September 11, 2001.
The extension allows more individuals additional time to file for workers' comp., disability and accident death benefits.
First Published December 5, 2017. A U.S. Magistrate Judge in New York has recommended that the Islamic Republic of Iran pay $221,505,968.40, in addition…
A New York court has denied a petition seeking to approve the transfer of "structured settlement payment rights" stemming from the 9/11 terrorist attacks.
Discusses which might be better, the insurer reimbursing the insured for covered damages or paying the damages on behalf of the insured.
The plaintiff sought the stay "despite essentially conceding there are no substantive grounds for this court to distinguish this case from numerous others from just the past year," which were dismissed, U.S. District Judge Noel Hillman wrote.
"You have a condensed amount of time to try to show a jury the true harms and losses, and that's tough to do," said plaintiff counsel Derrick Connell.
A state appeals court has ruled that a Rochester-based insurance and employee benefits company and related defendants are deemed to have admitted malicious-prosecution allegations leveled against them by a former employee.