Amid fresh terror warnings, insurers eye long-term risks.(Top Stories of The Week)

National Underwriter Property & Casualty-Risk & Benefits Management, August, 2003 by Ha, Michael

As the United States gets ready for the second anniversary of Sept. 11 events, there is a heightening concern--fueled by warnings from the Homeland Security Department and strings of recent terrorism attacks overseas--that terror groups may once again be planning attacks on U.S. soil. Late last month, for example, the Homeland Security Department issued a warning, with information received from some al-Qaida prisoners and intercepted communications, that al-Qaida may try another airline hijacking sometime in the next few months.

And this month, there have been additional warnings that terrorists may attempt to hijack ferries and boats in the United States. And some industry participants told National Underwriter that there is a chance--even a likely...

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