Issues and options for government intervention in the market for terrorism insurance / Lloyd Dixon ... [et al.].

Contributor(s):

Series: Publisher: Santa Monica, CA : RAND, 2004Description: xiv, 37 pages ; 28 cmContent type:

text

Media type:

computer
unmediated

Carrier type:

online resource
volume

ISBN:

0833037013

Subject(s):

Genre/Form:

Electronic books.

LOC classification:

HG8054.5 .I87 2004

Online resources:

Click here to access online

Available additional physical forms:

Also available on the internet via WWW in PDF format.

Contents:

Introduction -- Goals for a Risk-Management and Compensation System for Terrorism-Related Losses -- Key Issues in the Debate over TRIA and the Role of Insurance in a Terrorism Risk- Management and Compensation System -- Options -- Conclusions -- Appendix. Background on the Terrorism Risk Insurance Act of 2002.

Summary: Following the 9/11 terrorist attacks, the federal government adopted the Terrorism Risk Insurance Act (TRIA), which requires insurers to make terrorism coverage available to commercial policyholders. In exchange, the federal government will reimburse insurers for a portion of insured losses above a particular threshold. This paper frames the central issues in the debate over whether to extend, modify, or end TRIA, and explores the role of disaster insurance within a system for managing risks created by the possibility of terrorist attacks and compensating losses caused by those attacks.

Item type:

eBooks

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Title notes ( 6 )

No physical items for this record

"RAND Center for Terrorism Risk Management Policy."

Includes bibliographical references (p. 35-37).

Following the 9/11 terrorist attacks, the federal government adopted the Terrorism Risk Insurance Act (TRIA), which requires insurers to make terrorism coverage available to commercial policyholders. In exchange, the federal government will reimburse insurers for a portion of insured losses above a particular threshold. This paper frames the central issues in the debate over whether to extend, modify, or end TRIA, and explores the role of disaster insurance within a system for managing risks created by the possibility of terrorist attacks and compensating losses caused by those attacks.

Also available on the internet via WWW in PDF format.

Description based on print version record.