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Originally introduced in May 2020, the bill would establish a TRIA-like program for future pandemics.
Reviewing both events can offer tips for managing future unprecedented events.
Relaxed COVID-19 measures will lead to crowds returning to public places, making them attractive targets for attacks.
What can history teach us about risks from political unrest and acts of terrorism?
The bill requires insurers to disclose whether business interruption policies provide coverage for pandemics.
Private-market terrorism insurance policies have emerged over the past two decades that offer fresh options for U.S. businesses.
If the Christmas Day bombing is classified as terrorism, some insureds may have to pay out of pocket for damages.
With TRIA and the NFIP, the insurance industry has laid the groundwork for what may evolve into a federally-backed 'pandemic insurance' program.
What is PRIA, and how may it help mitigate the damages caused by the coronavirus pandemic?
The passage of the Appropriations Act is critical to the stability of real estate markets as it caps premium prices.
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