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Title Distribution of losses from large terrorist attacks under the Terrorism Risk Insurance Act / Stephen J. Carroll [and others].

Publication Info. Santa Monica, CA : RAND Center for Terrorism Risk Management Policy, 2005.

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Description 1 online resource (xxxv, 116 pages) : illustrations
data file rda
Note "MG-427."
Bibliography Includes bibliographical references (pages 113-116).
Contents Introduction -- The Terrorism Risk Insurance Act -- Terrorist attack scenarios -- The distribution of terrorist attack losses under TRIA -- Distribution of losses under possible modifications to TRIA -- Conclusions and implications for TRIA.
Note Print version record.
Summary The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios.
Subject Casualty insurance -- Law and legislation -- United States.
Risk management -- United States.
Terrorism -- United States.
LAW -- Administrative Law & Regulatory Practice.
POLITICAL SCIENCE -- Terrorism.
Casualty insurance -- Law and legislation. (OCoLC)fst01715791
Risk management. (OCoLC)fst01098164
Terrorism. (OCoLC)fst01148101
United States. (OCoLC)fst01204155
Added Author Carroll, Stephen J., 1940-
RAND Center for Terrorism Risk Management Policy.
Other Form: Print version: Distribution of losses from large terrorist attacks under the Terrorism Risk Insurance Act. Santa Monica, CA : RAND Center for Terrorism Risk Management Policy, 2005 (DLC) 2005029744
ISBN 9780833041036 (electronic bk.)
0833041037 (electronic bk.)
0833038656 (paperback;) (alk. paper)
Report No. RAND/MG-427-CTRMP
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