Still looking for answers

The US Terrorism Risk Insurance Act aims to ensure terror cover for even the highest risk clients, but is it working? Patricia Vowinkel finds both insurers and insureds less than happy with the federal backstop.

Last year when New York City's Metropolitan Transit Authority (MTA)
bought terrorism insurance it was able to line up only limited coverage at
quite a high price. Now, thanks to the new federal

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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