In the wake of the terrorist attacks of September 11, 2001, terrorism risk insurance quickly became either unavailable or very expensive. Congress reacted by passing the Terrorism Risk Insurance Act in 2002, which provides an assurance of government support after a catastrophic attack. This has helped keep terrorism risk insurance available and affordable for businesses.
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The earthquake and subsequent tsunami that struck northern Japan on March 11 resulted in close to 12,000 confirmed dead, another 15,472 still missing and a total economic loss estimated at a staggering $300 billion by risk modeling agency RMS, only a fraction of which will be paid by private insurers.
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LOS ANGELES, Calif. — Thousands of residents from Los Angeles
When you’re young, long-term care insurance is not something
