Coming up ... in September.Term Life Market Report: Sales of term life seem to be holding their own even in the face of burgeoning sales of no-lapse universal life. Includes top U.S. life writers by line. Terrorism Insurance Terrorism insurance is insurance purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities. It is considered to be a difficult product for insurance companies, as the odds of terrorist attacks are very : In observance of the fifth anniversary of the terrorist attacks of Sept. 11, 2001, we look at the evolution of the Terrorism Risk Insurance Act The Terrorism Risk Insurance Act (TRIA) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal "backstop" for insurance claims related to acts of terrorism. of 2002 and examine the possibilities for its future. Reader Poll: We asked our readers what they think are the most significant changes to the insurance business since the Sept. 11 terrorist attacks and how they think terrorism risks should be indemnified. Post-Sept. 11 Medical Problems: Respiratory illnesses Noun 1. respiratory illness - a disease affecting the respiratory system respiratory disease, respiratory disorder adult respiratory distress syndrome, ARDS, wet lung, white lung - acute lung injury characterized by coughing and rales; inflammation of the and other long-term health effects are surfacing more among people who survived the Sept. 11 terrorist attacks. Washington Update: An update on the status of the industry's legislative agenda on Capitol Hill. The Evolution of Life Agencies: How financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms and traditional sales agencies can develop a client-centered approach to marketing. Facultative facultative /fac·ul·ta·tive/ (fak´ul-ta?tiv) not obligatory; pertaining to the ability to adjust to particular circumstances or to assume a particular role. fac·ul·ta·tive adj. 1. Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. : Facultative reinsurance policies are increasing as insurers find it difficult to place certain risks within their treaty policies. We took at what kinds of risks are being pulled out and why, plus who's writing facultative policies. Tomorrow's Technology Today: Steps 21st-century insurers must take to be competitive, including overcoming distribution challenges, making good use of voice-over-Internet protocol and fine-tuning the underwriting process. |
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