The federal role in terrorism insurance :: evaluating alternatives in an uncertain world /
Concerned that the unavailability of terrorism insurance would impede economic recovery and hinder growth after the 9/11 attacks, Congress passed the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA will sunset at the end of 2007 unless Congress takes further action. This book examines the implicat...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Santa Monica, CA :
RAND Center for Terrorism Risk Management Policy,
2007.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Concerned that the unavailability of terrorism insurance would impede economic recovery and hinder growth after the 9/11 attacks, Congress passed the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA will sunset at the end of 2007 unless Congress takes further action. This book examines the implications of allowing TRIA to expire and of enhancements aimed at improving the availability and affordability of insurance for nuclear, biological, chemical, and radiological (NBCR) attacks. The analysis takes a systematic approach to addressing the deep uncertainties that underlie the market for terrorism insurance and is the first study of TRIA to consider not just taxpayer payments through the program but also the cost of government compensation and assistance following a terrorist attack when analyzing the program's effect on government spending. The authors conclude that taxpayer cost is lower with TRIA than without TRIA across a broad range of assumptions about attack frequency and the proportion of uninsured losses that are compensated postattack. The analysis also cautions policymakers to be careful when modifying the program to better address NBCR attacks: Simply expanding the program to require insurers to offer NBCR coverage may not achieve the desired outcomes. The authors identify program changes that will produce positive results for both NBCR and conventional attacks that are robust to key underlying uncertainties. |
| Beschreibung: | 1 online resource (xxvi, 121 pages) : illustrations |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
| Bibliographie: | Includes bibliographical references (pages 117-121). |
| ISBN: | 9780833044334 0833044338 1281430188 9781281430182 |
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| 505 | 0 | |a Analytic methods -- Consequences of allowing TRIA to expire -- Consequences of requiring insurers to offer terrorism coverage for both conventional and NBCR attacks. | |
| 520 | |a Concerned that the unavailability of terrorism insurance would impede economic recovery and hinder growth after the 9/11 attacks, Congress passed the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA will sunset at the end of 2007 unless Congress takes further action. This book examines the implications of allowing TRIA to expire and of enhancements aimed at improving the availability and affordability of insurance for nuclear, biological, chemical, and radiological (NBCR) attacks. The analysis takes a systematic approach to addressing the deep uncertainties that underlie the market for terrorism insurance and is the first study of TRIA to consider not just taxpayer payments through the program but also the cost of government compensation and assistance following a terrorist attack when analyzing the program's effect on government spending. The authors conclude that taxpayer cost is lower with TRIA than without TRIA across a broad range of assumptions about attack frequency and the proportion of uninsured losses that are compensated postattack. The analysis also cautions policymakers to be careful when modifying the program to better address NBCR attacks: Simply expanding the program to require insurers to offer NBCR coverage may not achieve the desired outcomes. The authors identify program changes that will produce positive results for both NBCR and conventional attacks that are robust to key underlying uncertainties. | ||
| 588 | 0 | |a Print version record. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified]: |c HathiTrust Digital Library. |d 2021. |5 MiAaHDL | ||
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Datensatz im Suchindex
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| contents | Analytic methods -- Consequences of allowing TRIA to expire -- Consequences of requiring insurers to offer terrorism coverage for both conventional and NBCR attacks. |
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| indexdate | 2024-11-27T13:16:23Z |
| institution | BVB |
| institution_GND | http://id.loc.gov/authorities/names/no2004122775 |
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| spelling | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / Lloyd Dixon [and others]. Santa Monica, CA : RAND Center for Terrorism Risk Management Policy, 2007. 1 online resource (xxvi, 121 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 text file Includes bibliographical references (pages 117-121). Analytic methods -- Consequences of allowing TRIA to expire -- Consequences of requiring insurers to offer terrorism coverage for both conventional and NBCR attacks. Concerned that the unavailability of terrorism insurance would impede economic recovery and hinder growth after the 9/11 attacks, Congress passed the Terrorism Risk Insurance Act of 2002 (TRIA). TRIA will sunset at the end of 2007 unless Congress takes further action. This book examines the implications of allowing TRIA to expire and of enhancements aimed at improving the availability and affordability of insurance for nuclear, biological, chemical, and radiological (NBCR) attacks. The analysis takes a systematic approach to addressing the deep uncertainties that underlie the market for terrorism insurance and is the first study of TRIA to consider not just taxpayer payments through the program but also the cost of government compensation and assistance following a terrorist attack when analyzing the program's effect on government spending. The authors conclude that taxpayer cost is lower with TRIA than without TRIA across a broad range of assumptions about attack frequency and the proportion of uninsured losses that are compensated postattack. The analysis also cautions policymakers to be careful when modifying the program to better address NBCR attacks: Simply expanding the program to require insurers to offer NBCR coverage may not achieve the desired outcomes. The authors identify program changes that will produce positive results for both NBCR and conventional attacks that are robust to key underlying uncertainties. Print version record. Use copy Restrictions unspecified star MiAaHDL Electronic reproduction. [Place of publication not identified]: HathiTrust Digital Library. 2021. MiAaHDL Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL digitized 2021. HathiTrust Digital Library committed to preserve pda MiAaHDL United States. Terrorism Risk Insurance Act of 2002. http://id.loc.gov/authorities/names/no2003016464 Terrorism Risk Insurance Act of 2002 (United States) fast Terrorism insurance Government policy United States. Assurance terrorisme Politique gouvernementale États-Unis. POLITICAL SCIENCE Public Policy Social Security. bisacsh LAW Civil Law. bisacsh United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Dixon, Lloyd S. https://id.oclc.org/worldcat/entity/E39PCjDqHmGJywCcyf9K9k7FPP http://id.loc.gov/authorities/names/n92082137 RAND Center for Terrorism Risk Management Policy. http://id.loc.gov/authorities/names/no2004122775 has work: The federal role in terrorism insurance (Text) https://id.oclc.org/worldcat/entity/E39PCFwvCcmhKWh44c9b9Q9hpP https://id.oclc.org/worldcat/ontology/hasWork Books at JSTOR: Open Access JSTOR Print version: Federal role in terrorism insurance. Santa Monica, CA : RAND Center for Terrorism Risk Management Policy, 2007 9780833042354 0833042351 (DLC) 2007039017 (OCoLC)173640809 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=230114 Volltext |
| spellingShingle | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / Analytic methods -- Consequences of allowing TRIA to expire -- Consequences of requiring insurers to offer terrorism coverage for both conventional and NBCR attacks. United States. Terrorism Risk Insurance Act of 2002. http://id.loc.gov/authorities/names/no2003016464 Terrorism Risk Insurance Act of 2002 (United States) fast Terrorism insurance Government policy United States. Assurance terrorisme Politique gouvernementale États-Unis. POLITICAL SCIENCE Public Policy Social Security. bisacsh LAW Civil Law. bisacsh |
| subject_GND | http://id.loc.gov/authorities/names/no2003016464 |
| title | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / |
| title_auth | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / |
| title_exact_search | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / |
| title_full | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / Lloyd Dixon [and others]. |
| title_fullStr | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / Lloyd Dixon [and others]. |
| title_full_unstemmed | The federal role in terrorism insurance : evaluating alternatives in an uncertain world / Lloyd Dixon [and others]. |
| title_short | The federal role in terrorism insurance : |
| title_sort | federal role in terrorism insurance evaluating alternatives in an uncertain world |
| title_sub | evaluating alternatives in an uncertain world / |
| topic | United States. Terrorism Risk Insurance Act of 2002. http://id.loc.gov/authorities/names/no2003016464 Terrorism Risk Insurance Act of 2002 (United States) fast Terrorism insurance Government policy United States. Assurance terrorisme Politique gouvernementale États-Unis. POLITICAL SCIENCE Public Policy Social Security. bisacsh LAW Civil Law. bisacsh |
| topic_facet | United States. Terrorism Risk Insurance Act of 2002. Terrorism Risk Insurance Act of 2002 (United States) Terrorism insurance Government policy United States. Assurance terrorisme Politique gouvernementale États-Unis. POLITICAL SCIENCE Public Policy Social Security. LAW Civil Law. United States |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=230114 |
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