Business Services Industry
Study: More U.S. companies buying terrorism insurance as rates decline.(News)(Survey)
Business Insurance, July, 2006 by HOFMANN, MARK A.
Byline: MARK A. HOFMANN NEW YORK-The percentage of U.S. companies purchasing property terrorism insurance continues to increase, according to a survey conducted by Marsh Inc. At the same time, the cost of property terrorism insurance has decreased, according to Marsh's "Marketwatch: Terrorism Insurance 2006.'' Overall, the median terrorism insurance rate dropped about 25% last year compared to 2004, Marsh found.
"There was a more moderate reduction in the median percentage of a company's annual property program costs attributable to terrorism premiums-from 4.7% in 2004 to 4.2% in 2005'' according to the survey of 1,623 Marsh clients. The survey noted that the "take-up rate in the fourth quarter of 2005 was nearly triple the rate in the second quarter of...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
