Financial Services Industry
Industry: Email Alert RSS FeedBrokers Help Clients, Economy Endure.(status of insurance industry in wake of terrorist attacks)
National Underwriter Property & Casualty-Risk & Benefits Management, October, 2001 by Crerar, Ken A.
Since Sept. 11, the nation has focused on tragic loss, recovery, and resolve to travel a difficult road ahead. It is hardly surprising that most news accounts relating to the insurance industry have focused on the loss of hundreds of our peers in the collapse of the World Trade Center complex; the astronomical monetary losses suffered in New York, Washington and the woods of Pennsylvania; and the capacity of our industry to meet its obligations.
As losses mount by billions upon billions of dollars, we have focused on core purposes. Commercial insurance plays a critical role in our free society. As commercial agents and brokers we have embarked on the mission of national recovery. This month the nation changed, but our industry remains strong. Yes, symbols...
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