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Terrorism Risk Insurance Act of 2002

Report
The Future of the Terrorism Risk Insurance Act
Recounts the proceedings of a conference to discuss recent RAND research on issues related to the potential reauthorization of the Terrorism Risk Insurance Act, as well as the varying implications of TRIA's expiration, modification, and extension.
Sep 2, 2014
Periodical
RAND Review: Vol. 38, No. 2, Summer 2014
The cover story discusses the rising wave of cybercrime and possible responses to it, while other features highlight research on medical innovation and U.S. security cooperation, plus public policy insights from Victor Hugo.
Aug 7, 2014
Blog
Summer Reading for Congress
No matter how policymakers spend their break—meeting with home-state constituents, traveling abroad with congressional delegations, or spending time with family—this summer reading list contains policy ideas that can help them hit the ground running when they return.
Jul 31, 2014
Blog
RAND Research Influences Debate on Terrorism Insurance
To inform the debate on whether the Terrorism Risk Insurance Act (TRIA) should be continued or allowed to expire, RAND prepared policy briefs on three topics of central concern to policymakers: national security perspectives, the impact on federal spending, and the impact on workers' compensation markets.
Jun 19, 2014
Commentary
3 Terrorism Risk Insurance Act Facts for Congress to Consider
With the Terrorism Risk Insurance Act set to expire this year, Congress is currently revisiting a crucial question: What is the appropriate government role in terrorism insurance markets? As the debate unfolds on Capitol Hill, policymakers should consider three key research findings.
Jun 12, 2014
Multimedia
The Future of the Terrorism Risk Insurance Act: Expiration, Reauthorization, Modification
In this June 2014 Congressional Briefing, RAND experts presented findings from their recent work on the Terrorism Risk Insurance Act (TRIA) and discuss the different outcomes if TRIA were to be reauthorized, modified, or allowed to expire.
Jun 11, 2014
Report
Allowing Terrorism Risk Insurance Act to Expire Would Negatively Impact Workers' Compensation Insurance Markets
Without TRIA in place, employers perceived to be at high risk for terrorism might have to obtain workers' compensation coverage in markets of last resort, known as residual markets, which could charge higher premiums.
May 7, 2014
News Release
Extending Terrorism Insurance Program Could Save Federal Government Money After Future Attacks
The Terrorism Risk Insurance Act will expire soon and Congress is considering the appropriate government role in terrorism insurance markets. In a terrorist attack with losses up to $50 billion, the federal government would spend more helping to cover losses than if it had continued to support a national terrorism risk insurance program.
Apr 10, 2014
Report
Extending Terrorism Insurance Program Could Save Federal Government Money After Future Attacks
The Terrorism Risk Insurance Act will expire at the end of this year and Congress is considering the appropriate government role in terrorism insurance markets. In a terrorist attack with losses up to $50 billion, the federal government would spend more helping to cover losses than if it had continued to support a national terrorism risk insurance program.
Apr 9, 2014
News Release
Expiration of Terrorism Risk Insurance Act Could Hurt National Security
The current terrorism risk insurance act will expire in 2014 and Congress again is considering the appropriate government role in terrorism insurance markets.
Mar 6, 2014
Report
Expiration of Terrorism Risk Insurance Act Could Hurt National Security
The current terrorism risk insurance act will expire in 2014 and Congress again is considering the appropriate government role in terrorism insurance markets. If the act expires and the take-up rate for terrorism insurance falls, then the U.S. would be less resilient to future terrorist attacks.
Mar 6, 2014
Research Brief
Robust Decision Making Aids Planning Under Deep Uncertainty
Quantitative analysis is often indispensable to sound planning, but with deep uncertainty, predictions can lead decisionmakers astray. Robust Decision Making supports good decisions without predictions by testing plans against many futures.
Feb 28, 2013
Research Brief
Evaluating Alternatives for Renewing TRIA in an Uncertain World
This research brief summarizes an analysis of terrorism-insurance policy. The current law produces positive outcomes for conventional attacks but does not effectively address risks that nuclear, biological, chemical, or radiological attacks present.
Mar 3, 2008
News Release
Taxpayers, Policyholders Benefit from Terrorism Risk Insurance Program
Taxpayers save money and businesses are better protected with the Terrorism Risk Insurance Act (TRIA) in place than if the act is allowed to expire.
Oct 10, 2007
Report
Taxpayers, Policyholders Benefit from Terrorism Risk Insurance Program
Taxpayers save money and businesses are better protected with the Terrorism Risk Insurance Act (TRIA) in place than if the act is allowed to expire. TRIA allows the insurance industry to play a larger role in compensating losses caused by smaller terrorist attacks by transferring some of the risk for the largest attack to the government.
Sep 25, 2007
Report
Should the Terrorism Risk Insurance Act of 2002 Be Extended?
Interim findings from a RAND Center for Terrorism Risk Management Policy project suggest that the Terrorism Risk Insurance Act performs well on outcomes examined for conventional attacks but not for chemical, biological, radiological, or nuclear ones.
May 28, 2007
Research Brief
Terrorist Insurance and the Evolving Terrorism Threat
How does the Terrorism Risk Insurance Act (TRIA) align with the evolving terrorism threat? Transnational and domestic terrorism trends reveal that TRIA does not provide adequate financial protection, particularly in the face of economically motivated...
Nov 25, 2005
News Release
Terrorism Risk Insurance Act Creates Effective Mechanism for Sharing Financial Risk
RAND news release: RAND Study Says Terrorism Risk Insurance Act Creates Effective Mechanism for Sharing Financial Risk
Oct 25, 2005
Report
Terrorism Risk Insurance Act Effective at Sharing Financial Risk
The Terrorism Risk Insurance Act (TRIA) creates an effective mechanism for sharing the financial risk that businesses face from terrorism. Still, less than half of all businesses have terrorism insurance; the U.S. government should consider encouraging these businesses to buy coverage.
Oct 6, 2005
News Release
RAND Study Says U.S. Terrorism Insurance System Falling Short; Improvement Needed to Protect Nation's Economy
The terrorism insurance system in the United States is failing to provide businesses with adequate financial protection, leaving the nation vulnerable to economic disruption if there is a major terrorist attack.
Jun 19, 2005

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RAND Topic:
Terrorism Risk Insurance Act of 2002

Topic Synonyms:
TRIA