Business Services Industry

CEOs find common concern in TRIA.(Feature: Gatherings)(Terrorism Risk Insurance Act of 2002 )(Conference news)

Business Insurance, January, 2007 by Fletcher, Meg

Byline: Meg Fletcher SEATTLE-A group of insurer chief executive officers readily agreed about the need for a federal terrorism insurance backstop and improved privacy controls, but other consensus was harder to come by at the Property Casualty Insurers Assn. of America conference. For example, four CEOs participating in a panel discussion on political issues with bottom-line impact differed on the need for terrorism coverage to include liability protection and the significance of an optional federal charter proposal at the Seattle conference held late last year.

The participants were Janice Abraham, president of United Educators Insurance, a Chevy Chase, Md.-based risk retention group that insures schools nationwide; Andrew Frazier, president of Western...

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