Dealing With Extreme Events: New Challenges for Terrorism Risk Coverage in the U.S.

Topics:
Insurance
Tags:
Business Operations,
Business Security,
Corporate Insurance,
Government,
Homeland Security,
Terrorism,
Terrorist Attack,
U.S.,
Wharton School
Source:
The Wharton School

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Overview: The terrorist attacks on September 11, 2001 (9/11) against the United States raises the fundamental question as to what are the responsibilities of the public and private sectors in reducing the risks of terrorist attacks and who should pay for future losses should the terrorists be successful? Prior to September 11, 2001 terrorism coverage in the United States was an unnamed peril in most standard all-risk commercial and homeowners policies covering damage to property and contents.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 453KB | Date: Jun 2004 | Pages: 18


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