Description |
ii, 49 p. : digital, PDF file |
System Details |
System requirements: Adobe Acrobat reader. |
|
Mode of access via the GAO web site. |
Note |
Title from PDF title screen (viewed on Feb. 26, 2009). |
|
"GAO contact, Orice Williams" -- p. 47. |
|
"December 2008." |
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. |
Bibliography |
Includes bibliographical references. |
Note |
"GAO-09-39." |
Subject |
Terrorism insurance -- United States -- Evaluation.
|
Added Author |
Williams, Orice M.
|
Added Title |
Status of coverage availability for attacks involving nuclear, biological, chemical, or radiological weapons |
Gpo Item No. |
0546-D (online) |
Sudoc No. |
GA 1.13:GAO-09-39 |
|