| Description |
1 online resource (xxvi, 121 pages) : illustrations |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Physical Medium |
polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 |
| Description |
text file |
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PDF |
| Bibliography |
Includes bibliographical references (pages 117-121). |
| Contents |
Analytic methods -- Consequences of allowing TRIA to expire -- Consequences of requiring insurers to offer terrorism coverage for both conventional and NBCR attacks. |
| Summary |
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. |
| Note |
Print version record. |
| Access |
Use copy Restrictions unspecified star MiAaHDL |
| Reproduction |
Electronic reproduction. [Place of publication not identified]: HathiTrust Digital Library. 2021. MiAaHDL |
| System Details |
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 |
| Processing Action |
digitized 2021. HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
United States. Terrorism Risk Insurance Act of 2002.
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Terrorism Risk Insurance Act of 2002 (United States)
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Terrorism insurance -- Government policy -- United States.
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Assurance terrorisme -- Politique gouvernementale -- États-Unis.
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POLITICAL SCIENCE -- Public Policy -- Social Security.
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LAW -- Civil Law.
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United States https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq
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| Added Author |
Dixon, Lloyd S.
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RAND Center for Terrorism Risk Management Policy.
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| In: |
Books at JSTOR: Open Access JSTOR |
| Other Form: |
Print version: Federal role in terrorism insurance. Santa Monica, CA : RAND Center for Terrorism Risk Management Policy, 2007 9780833042354 0833042351 (DLC) 2007039017 (OCoLC)173640809 |
| ISBN |
9780833044334 (electronic bk.) |
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0833044338 (electronic bk.) |
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1281430188 |
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9781281430182 |
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0833042351 |
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9780833042354 |
| Report No. |
RAND/MG-679-CTRMP |
| Standard No. |
AU@ 000048833968 |
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AU@ 000051324675 |
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DEBBG BV043135358 |
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DEBBG BV044129455 |
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DEBSZ 396175996 |
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DEBSZ 42211720X |
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DKDLA 820120-katalog:000545945 |
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GBVCP 100865115X |
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HEBIS 28689338X |
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NZ1 14166865 |
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