Dealing With Insurance Exclusions in Response to Terrorism
Jo-Ann Marzullo
PROBATE& PROPERTY SEPTEMBER/OCTOBER 2002 37 In the wake of the terrorist attacks of 2001, insurance companiies property owners, and tenants are all reconsidering whether insurance policies provide coverage for harm to persoons real and personal property, and business interruption from a terrorist act. The exclusions and limitations from insurance coverage are being revised by insurance companies to exclude terrorism, and the proposed changes are under review by varioou state regulators. As of the...