The Terrorism Risk Insurance Program

The Terrorism Risk Insurance Program: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Ninth Congress, first session, on the implementation of the Terrorism Risk Insurance Program, focusing on the role of the federal government in ensuring that insurance to protect against losses from acts of terrorism remains available to Americans, Apr

What are the Terrorism Risk Insurance Act's effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.