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Must be executed or canceled the day an order is placed, it involves the buying or selling of securities.
Insurance Industry News from ProgramBusiness.comTerror Cover
Regarding terrorism insurance, David Haslam, Vice President of Storefront Owner American Management Corp. (West) http://www.programbusiness.com/tracking/sftracker.asp?Sfid=197 recently wrote that “We all know where we stand on TRIA – well for 2 years anyway!”
Every insurance agent and agency in commercial lines needs to be “up to speed” on terror insurance and a good place to start is at the American Management Corp. Storefront. AMC has been writing it on a monoline basis, primarily due to lenders forcing the issue since 2001.
AMC has in-house underwriting authority to write in all states except NC, SC and WA.
For complete information on AMC’s capabilities and the specific classes of coverage, visit their storefront at http://www.programbusiness.com/tracking/sftracker.asp?Sfid=197.
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