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Must be executed or canceled the day an order is placed, it involves the buying or selling of securities.
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Insurance Industry News from ProgramBusiness.com
Terror CoverRegarding 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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