Sky-high costs create need to self-insure

Cornell, Ryan
December 2001
Crain's Cleveland Business;12/24/2001, Vol. 22 Issue 52, p13
Reports on the increase of the costs for premiums on all types of business insurance after the September 11 terrorist attacks. Percentage of costs for insurance premiums; Coverage of traditional claims; Way of keeping insurance premium under control.


Related Articles

  • Safe as houses? Howard, Paul // Contract Journal;11/29/2006, Vol. 436 Issue 6603, p20 

    The article discusses the concern of the construction industry with regards to soaring insurance costs and the sudden unavailability of cover. A combination of insurers passing the impact of the September 11, 2001 terrorist attacks on to higher risk businesses, plus the collapse of Independent...

  • Foundation Call Examines Post-Attack Challenges.  // Financial Executive;Nov2001, Vol. 17 Issue 8, p61 

    The article discusses an October 1, 2001 conference call sponsored by the Financial Executives International (FEI) Research Foundation. Over 150 FEI member participated. Among the topics covered were corporate travel policies in the wake of the September 11, 2001 terrorist attacks, and insurance...

  • Terrorism, economy boost insurance premiums.  // RSI: Roofing, Siding, Insulation;Apr2002, Vol. 79 Issue 4, p30 

    Reports the impact of the September 11 terrorist attacks on the insurance premiums in the U.S. Increase cost of insurance renewal; Introduction of mold and terrorism exclusion; Payment of higher insurance premium among roofing contractors.

  • Building Industry Faces Skyrocketing Insurance Premiums. Allen, Mike // San Diego Business Journal;2/11/2002, Vol. 23 Issue 6, p13 

    Reports the impact of the September 11 terrorist attack on insurance premiums in the U.S. Problems of worker compensation policies; Increase in price for liability premium; Growth of insurance costs.

  • Economics Driving Increasing Insurance Costs, Not Machiavellian Conspiracy: Alliance.  // Insurance Advocate;9/9/2002, Vol. 113 Issue 34, p12 

    Focuses on the increase of insurance costs following the September 11 terrorist attack in Downers Grove, Illinois. Identification of the financial losses of insurance companies; Percentage of profitability of insurance premiums; Causes of the increase of premiums.

  • Sept. 11, Enron push up rate hikes. Wojcik, Joanne // Business Insurance;3/11/2002, Vol. 36 Issue 10, p3 

    Reports the crisis encountered by the commercial insurance market after the September 2001 terrorism in the U.S. Capability of the industry to return to adequate pricing; Decline of profitability among insurers; Impact of asbestos and environmental liabilities on the market.

  • Hospital Rates Go Through the Roof. Babwin, Don // H&HN: Hospitals & Health Networks;Feb2002, Vol. 76 Issue 2, p16 

    Reports on the increase in hospital property insurance rates. Examples of increase in Puerto Rico and Illinois; Effect of the role of hospitals in the emergency response to terrorism on its insurance rates; Losses among insurers due to the September 11, 2001 terrorist attacks in the U.S.

  • Higher insurance bills await special events.  // Indianapolis Business Journal;10/15/2001, Vol. 22 Issue 31, p33 

    Reports the plan of insurers to boost insurance premiums for special events. Effect of the September 11, 2001 terrorist attacks on insurance rates for special events; Possibility of a fifty percent increase for the 2004 Summer Olympics in Athens, Greece; Forecast of acceleration in insurance...

  • Export. Posner, Martin // Credit Management;Dec2001, p18 

    Focuses on the impact of the September 11 terrorist attacks in the United States on international trade in Great Britain and Asia. Growth in commercial failures; Increase in the number of claims for late payments; Decline in credit insurance premiums.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics