New IRMI Book Addresses Terrorism Insurance Issues
Release Date: December 18, 2003
Contact: Contact Us
DALLAS—International Risk Management
Institute, Inc. (IRMI), is pleased to announce the release of its newest
book, Terrorism Insurance: What Risk and
Insurance Professionals Must Know. This new book provides a concise
but thorough explanation of the state of terrorism insurance in the
United States today.
The insurance industry received a terrible wake-up call on September
11, 2001, that changed everything. Among the many consequences was the
realization that terrorists could inflict a previously unfathomable
scale of injury and damage, which caused insurers to rethink their approach
to providing commercial lines insurance. The rapid evolution of the
industry's approach to terrorism insurance is chronicled in
Terrorism Insurance, from the initial
attempts to develop new exclusions through the passage of the Terrorism
Risk Insurance Act (TRIA) and up to the development of new forms to
cover the Act.
Terrorism Insurance includes
ten chapters that will benefit any business or risk professional responsible
for selling, advising on, or underwriting commercial lines insurance.
It covers the rights of commercial insurance buyers under TRIA, what
is and is not covered when "TRIA coverage� is purchased, guidelines
to help decide whether to purchase coverage for terrorism exposures,
what is covered under special stand-alone terrorism policies, and some
of the ways captive insurers may be used to write terrorism insurance.
Terrorism Insurance: What Risk and
Insurance Professionals Must Know is being offered by IRMI at
the introductory price of $28. For more information visit
www.IRMI.com/products, call 800-827-4242
(or in Dallas, 972-960-7693), or
contact us.
International Risk Management Institute, Inc. (IRMI), is a Dallas-based
research and publishing organization focusing on insurance and risk
management. IRMI reference services give insurance buyers, risk managers,
agents, brokers, adjusters, coverage lawyers, and underwriters knowledge
to deal effectively with complex and rapidly changing insurance and
risk management issues and problems. For more information, visit
www.IRMI.com.