Terrorism insurance : status of coverage availability for attacks involving nuclear, biological, chemical, or radiological weapons : report to congressional committees.

The Terrorism Risk Insurance Act of 2002 (TRIA) is credited with stabilizing insurance markets after the September 11, 2001, attacks by requiring insurers to offer terrorism coverage to commercial property owners (property/casualty insurance), and specifying that the federal government is liable for...

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Bibliographic Details
Corporate Author:	United States. Government Accountability Office
Other Authors:	Williams, Orice M.
Format:	Government Document eBook
Language:	English
Published:	[Washington, D.C.] : U.S. Govt. Accountability Office, [2008]
Subjects:	Terrorism insurance > United States > Evaluation.
Online Access:	https://purl.fdlp.gov/GPO/LPS112383

Description
Summary:	The Terrorism Risk Insurance Act of 2002 (TRIA) is credited with stabilizing insurance markets after the September 11, 2001, attacks by requiring insurers to offer terrorism coverage to commercial property owners (property/casualty insurance), and specifying that the federal government is liable for a large share of related losses. While TRIA covers attacks involving conventional weapons, insurers may use exceptions that may exclude coverage for attacks with nuclear, biological, chemical, or radiological (NBCR) weapons, which has raised concerns about the potential economic consequences of such attacks. TRIA's 2007 reauthorization directed GAO to review (1) the extent to which insurers offer NBCR coverage, (2) factors that contribute to the willingness of insurers to provide NBCR coverage, and (3) policy options for expanding coverage for NBCR risks.
Item Description:	Title from PDF title screen (viewed on Feb. 26, 2009). "GAO contact, Orice Williams" -- page 47. "December 2008." "GAO-09-39." Electronic resource.
Physical Description:	ii, 49 pages : digital, PDF file.
Format:	System requirements: Adobe Acrobat reader. Mode of access: World Wide Web from GAO web site. Address as of 2/26/09: http://www.gao.gov/new.items/d0939.pdf ; current access available via PURL.
Bibliography:	Includes bibliographical references.