The Fall And Rise Of Terrorism Insurance Coverage Since September 11, 2001
- Topics:
- Terrorism Insurance
- Tags:
- Business Operations,
- Corporate Insurance,
- Government,
- Homeland Security,
- Regulations,
- Terrorism,
- Terrorism Insurance,
- Terrorism Risk Insurance Act,
- William Mitchell Law Review
- Source:
- William Mitchell Law Review
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Overview: In the absence of a terrorist attack, it is difficult to gauge TRIA’s impact. As Part IV in the article indicates, many issues related to TRIA have yet to be resolved. Over the coming months, the Treasury Department will likely address these issues and attempt to clarify them. Some issues may not be resolved short of litigation. Other issues, currently unforeseen, will no doubt arise if terrorism activity increases in the United States and insurers and the government have to pay for extensive losses. This article will examine the impact of September 11 on the insurance industry. Part I will examine the state of terrorism insurance before September 11. Part II will address the effect of September 11 on the insurance industry. Part III will discuss the Terrorism Risk Insurance Act of 2002.
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Format: HTML | Date: Jan 2003 | Pages: 1
