Sentences with phrase «of terrorism insurance»

They cite several factors for the dip in the volume of originations, including deteriorating real estate fundamentals, a slow sales transaction environment and the lack of terrorism insurance.

TRIA was passed in the aftermath of the September 11, 2001 terrorist attacks, when insurers backed out of the terrorism insurance market, causing losses to construction and real estate.

Following the terrorist attacks of September 11, 2001, insurers backed out of the terrorism insurance market place prompting Congress to create a federal reinsurance risk - sharing program the «Terrorism Risk Insurance Act of 2002» (TRIA), which also mandated that insurers make terrorism coverage available along with its property and casualty lines.

Because of the importance of terrorism insurance coverage to commercial real estate, NAR supports the continued availability and affordability of coverage made possible by the federal backstop program of the «Terrorism Risk Insurance Act of 2002» and its extensions.

Following the terrorist attacks of September 11, 2001, insurers backed out of the terrorism insurance market place prompting Congress to create a federal reinsurance backstop program in the Terrorism Risk Insurance Act (TRIA) of 2002, which also mandated that insurers make terrorism coverage available along with its property and casualty lines.

What does a dearth of providers of terrorism insurance have to do with property values?

The negative influences of war and terrorism remain: upward pressure on oil prices, declining affordability of terrorism insurance, and a wobbly equity and bond market.

In her testimony, St. Peter said that after the Sept. 11 attacks private insurers backed out of the terrorism insurance marketplace, prompting Congress to enact TRIA, a federal insurance backstop that allows the federal government and private insurance companies to share losses in the event of a major terrorist attack.

To that end, NAR supports the continued availability and affordability of terrorism insurance coverage because of its importance to commercial policyholders and the U.S. economy, and believes TRIA should be maintained beyond its current 2014 expiration date.

The deal, which provides coverage throughout 2002, settles a legal dispute that began last year between Simon and GMAC Commercial Mortgage Corp. over the cost of a terrorism insurance policy, which Simon had said was inflated.

Though it is difficult to say when and where terrorists will attack next, you can certainly secure the lives of those who depend on you with the help of terrorism insurance.

Before 9/11, insurance companies did not break out the cost of terrorism insurance or exclude the coverage altogether.

Not exact matches

• As the name indicates, terrorism insurance provides coverage to individuals and businesses for potential losses due to acts of terrorism.

Berkshire quietly takes on massive and unusual risks, including the sale of hurricane insurance, terrorism policies and earthquake coverage.

The head of Pool Re, the government - backed terrorism reinsurance pool, has called for a debate on the insurance industry's reaction to chemical,...

The aviation industry might no longer be as lucrative as it used to be — no thanks to factors such as bad economy, huge number of employees, increased terrorism and fear, higher insurance costs, and increasing preference for private jet flights.

TBN says it needs massive reserves for expansion and terrorism insurance A 1,500 - word press release issued yesterday by the Trinity Broadcasting Network's public relations firm calls recent Los Angeles Times articles about the organization «full of inaccuracies, condescension and mischaracterizations.»

Gianaris» platform focuses on fighting pollution from power plants, preventing terrorism and attacks by sexual predators and consumer protection for airline passengers, while Arcabascio's campaign focuses on job creation, more hospitals, deregulation of insurance companies and education reform.

We have spent a lot of money fighting terrorism; more than the insurance agencies would say a human life is worth, but we don't want that to happen.

Because the type of loss determines if you can have renters insurance cover terrorism.

Check your coverage for acts of terrorism before you book a trip and find out about the many inclusions and exclusions by reading the Certificate of Insurance (found online on most insurance provider websites) for your specific trip cancellation and medical insuranceInsurance (found online on most insurance provider websites) for your specific trip cancellation and medical insuranceinsurance provider websites) for your specific trip cancellation and medical insuranceinsurance product.

The main reason for buying terrorism insurance is simple; it comes down to the fact that terrorist attacks are generally unpredictable, and having the right terrorism coverage with your trip cancellation and interruption travel insurance can make some of us feel safer and more comfortable abroad.

Of course, some precautions on your own to stay away from terrorism attacks before you book your trip — and during your trip — are just common sense and should be done regardless of the type of trip cancellation insurance you havOf course, some precautions on your own to stay away from terrorism attacks before you book your trip — and during your trip — are just common sense and should be done regardless of the type of trip cancellation insurance you havof the type of trip cancellation insurance you havof trip cancellation insurance you have.

Travel insurance can cover a wide range of things, including extra expenses due to trip interruption or cancellation; a delayed flight or missed connection; baggage delay or loss of baggage; certain medical expenses; financial default by a travel provider; the loss of a job; and even loss due to a war or an act of terrorism.

Here's the list from top to bottom, with the economy listed as a top priority by 85 percent of those polled and global warming 30 percent: the economy, jobs, terrorism, Social Security, education, energy, Medicare, health care, deficit reduction, health insurance, helping the poor, crime, moral decline, military, tax cuts, environment, immigration, lobbyists, trade policy, global warming.

As an example, my car insurance will cover all damage caused to third parties where I or somebody named in the policy was driving unless (i) there is other insurance covering the same liability (ii) the victim was working with or for me (iii) acts of terrorism or (iv) liability caused by cutting, welding or use of blowtorches.

Trip Cancellation Insurance covers any mishaps that might force you to cancel the trip: sickness, injury, death of a relative, weather conditions, airline strikes, terrorism, financial default of the airline, cruise operator, or tour operator, job loss, traffic accident, cases when you are called to jury duty, subpoenaed or if your home is rendered uninhabitable due to fire, flood, etc..

Suddenly the new must - have among travelers is trip cancellation insurance, and that is because between terrorism on the one hand (think Paris, Brussels, Istanbul) and Zika on the other, would - be travelers are staring at a world of mounting risks and really disliking what they see.

Specifically, Allianz Global Assistance's travel insurance considers international and domestic terrorism to be a covered reason for trip cancellation if a terrorist event happens at your U.S. or foreign destination within 30 days of the day you're scheduled to arrive under the OneTrip Prime Plan.

In the event you have to suddenly interrupt your nonrefundable trip and return home due to covered reasons (illness or death of the traveler or a family member, adverse weather conditions, airline problems, bankruptcy, terrorism, etc), Trip Interruption Insurance will reimburse you.

The 26/11 terror strike has forced policy makers to consider insurance cover for emerging threats like terrorism, said M Ramadoss, chairman of the governing body of the Balewadi - based National Institute Academy (NIA) and chairman and managing director of the Oriental Insuranceinsurance cover for emerging threats like terrorism, said M Ramadoss, chairman of the governing body of the Balewadi - based National Institute Academy (NIA) and chairman and managing director of the Oriental InsuranceInsurance Co Ltd..

In addition to covering the medical expenses from injuries incurred as a result of war attacks, travel insurance also covers evacuations and travel arrangements needed in the case of terrorism.

American Express is a well - recognized name brand, and their AMEX Assurance Company is a trusted provider of travel insurance plans, all of which include coverage for foreign and domestic terrorism, hurricanes, financial default, mandatory evacuations, and more.

The Drawbacks: Coverage for a number of common travel risks, including bankruptcy, terrorism, and pre-existing medical conditions, is dependent on early purchase (within 21 days) of this travel insurance plan.

Other than reading them as a matter of your personal travel safety, it's important to take note of the travel warnings because some travel insurance policies» coverage for terrorism depends on whether there's a travel warning for your destination.

Some study abroad programs include some level of insurance, but they don't always have coverage for civil protests, terrorism, or acts of war, so you could be working with the U.S. government to get your young traveler out of danger.

A comprehensive motor insurance policy secures your vehicle against natural and man - made calamities, including acts of terrorism, road rage etc..

Most travel insurance plans let you cancel your trip for a wide range of reasons including hurricanes, job loss, terrorism, and more (depending on the plan).

FYI to purchasers of travel insurance with terrorist incident coverage, with Travel guard, the incident must be deemed terrorism by the UNITED STATES.

For foreign terrorism coverage only, coverage for travel to or through countries in which such a documented or reported incident has occurred during the 30 days prior to purchase of insurance is excluded.

Travel insurance doesn't always apply to emergency situations the way many travelers expect it to — especially in cases of terrorism, or political and civil unrest that causes instability in certain regions of the world.

This week's Middle Seat looked at exclusions and illusions in travel insurance, a timely topic right now given fears of terrorism, war and hurricanes.

Travelers Can't Cancel Due to Increased Risk of Terrorism Threats of terrorism, even «imminent» ones, are not the same as a terrorist attack in the eyes of travel insurance companies.

If you're the victim of terrorism, will your insurance pay out?

And it's leading more and more of them to purchase travel insurance that includes protection against possible terrorism.

However, terrorism insurance will usually not cover damages resulting from declared acts of war or from nuclear, chemical, radiological or biological acts of terrorism.

The Insurance Information Institute estimates that the average terrorism insurance policy runs about $ 20,000 per year, which, of course, is not a feasible expense for most indInsurance Information Institute estimates that the average terrorism insurance policy runs about $ 20,000 per year, which, of course, is not a feasible expense for most indinsurance policy runs about $ 20,000 per year, which, of course, is not a feasible expense for most individuals.

For example, travel terrorism insurance may provide reimbursement if a trip is cancelled due to an act of terrorism, or if you should become a victim of a terrorist act while abroad.

And even if terrorism is defined as an act of war, there could be cases where your insurance provider pays out.

«Even though some government officials are speculating terrorism as the cause of the Metrojet plane crash, the incident does not currently meet the definition of terrorism by any travel insurance providers,» said Squaremouth CEO Chris Harvey.