I saw the Boston Marathon as a college freshman in 1978 and I'll never forget the experience.
The sheer numbers of those running the race, their energy and commitment, greatly impressed me.
Even now, decades later, every time I visit that great city, whether for personal or business reasons, it charms and moves me.
Within seconds of getting the news of the bomb blasts on April 15, my mind flashed to not only the runners of the race and their fans, but to the insurance professionals based in Boston. I thought of Lexington and Liberty Mutual, Spring Consulting, Academic Risk Resources and other companies that this magazine works with.
So many of our brokers and underwriters and the support staffs who work with them are accomplished runners and could have attended the event. I feared for their safety.
The time will come to debate the necessity of the Terrorism Risk Insurance Act, and what form it should take when -- or if -- it is renewed. Now that this country has experienced yet another terror assault, we can be sure that the debate will carry added heat.
Event cancellation insurance will also be affected. Terror attacks have that impact on coverage for public events and public sporting events without fail.
In our professional and personal awareness, each act of mindless terror creates scars beyond those inflicted on the most immediate victims.
Those who manage risk face a new challenge, in the wake of yet another act motivated by evil.
Let us not forget this day and let us learn from it what we can.
June 1, 2013
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