clan 11 was a watershed end for th...

clan 11 was a watershed end for the insurance industry. in no degree before had one catastrophe affected in the way that many lines of insurance--aviation, commercial characteristic disability, workers' compensation, group life. At the time of the disaster, the market was emerging from years of poor underwriting ensues Sept. 11 accelerated the price firming. Now, a year later, the industry has responded: in the short expression by raising rates and, in the extended term, by looking at risk like it not at any time has before.

The terrorist attacks of generation 11, 2001, no doubt sent a shockwave in consequence of the insurance industry with the magnitude of