The terrorist attacks that ripped through the heart of London last month provided a jarring wake-up call to American insurers.Even though the attacks, which killed 55 people and injured hundreds more, are expected to result in relatively modest liability exposure according to early estimates, insurers are taking notice.
"The attacks bring the idea of terrorism back to the forefront," says Frank Fischer, manager of client relations at AIR Worldwide Corp., Boston. "After a few years of relative calm, the idea of terrorism has been out of peoples' minds. Now, however, the idea is back in the forefront and the potential risk appears to be high."
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