The Impact on Workers' Compensation Insurance Markets of Allowing the Terrorism Risk Insurance Act to Expire

Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, in response to terrorism insurance becoming unavailable or extremely costly in the wake of the 9/11 attacks. TRIA is set to expire at the end of 2014, and Congress is considering the appropriate government role in terrorism insurance...

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Bibliographic Details
Main Author: Dworsky, Michael (auth)
Other Authors: Dixon, Lloyd (auth)
Format: Electronic Book Chapter
Language:English
Published: RAND Corporation 2014
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Summary:Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, in response to terrorism insurance becoming unavailable or extremely costly in the wake of the 9/11 attacks. TRIA is set to expire at the end of 2014, and Congress is considering the appropriate government role in terrorism insurance markets. This policy brief examines how markets for workers' compensation insurance would be affected if TRIA were to expire.
ISBN:j.ctt6wq9ht
9780833086983
9780833086648
Access:Open Access