In the movie "Shrek" the frightful...

In the movie "Shrek" the frightful object explains the complications of his circumstances at saying that "ogres have layers." I've started to apply the ogre's philosophy to the insurance issues arising from terrorism.

Although all terrorism layers are bad, the layers universal provides a useful framework for explaining terror-related insurance complications. The issues fall into three general layers: tribe 11 liabilities; Sept. 11 insurance coverage; and what is yet to be insurance coverage.

In many disasters, suits are filed before the fires are extinguished. near lawsuits relating to the ends of Sept. 11 have been filed, nevertheless lawyers have paused before filing.