Policy Options for Extending the Terrorism Risk Insurance ACT (Tria) PDF Download
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Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984185297
Category :
Languages : en
Pages : 124
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Book Description
Policy options for extending the Terrorism Risk Insurance Act (TRIA) : hearing before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, first session, April 24, 2007.
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984185297
Category :
Languages : en
Pages : 124
Get Book Here
Book Description
Policy options for extending the Terrorism Risk Insurance Act (TRIA) : hearing before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, first session, April 24, 2007.
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 128
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Book Description
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
Author: Lloyd S. Dixon
Publisher: Rand Corporation
ISBN: 9780833037015
Category : Political Science
Languages : en
Pages : 37
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Book Description
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.
Author:
Publisher: DIANE Publishing
ISBN: 9781422322499
Category :
Languages : en
Pages : 190
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Book Description
Author: Tom LaTourrette
Publisher:
ISBN: 9780833086198
Category : National security
Languages : en
Pages : 20
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Book Description
Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, in response to terrorism insurance becoming unavailable or, when offered, extremely costly in the wake of the 9/11 attacks. The law creates an incentive for a functioning private terrorism insurance market by providing a government reinsurance backstop for catastrophic terrorist attack losses. Extended first in 2005 and again in 2007, TRIA is set to expire at the end of 2014, and Congress is again considering the appropriate government role in terrorism insurance markets. This policy brief examines the potential federal spending implications of allowing TRIA to expire. Combining information on federal spending through TRIA, the influence of TRIA on the availability of terrorism insurance coverage, and the relationship between uninsured losses and federal disaster assistance spending, the authors find that, in the absence of a terrorist attack, TRIA costs taxpayers relatively little, and in the event of a terrorist attack comparable to any experienced before, it is expected to save taxpayers money.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 192
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Book Description
Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 64
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Book Description
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984184528
Category :
Languages : en
Pages : 220
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Book Description
Examining a legislative solution to extend and revise the Terrorism Risk Insurance Act (TRIA) : hearing before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, first session, June 21, 2007.
