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RAND Study Finds TRIA Needed To Protect Taxpayers

WASHINGTON--Taxpayers and businesses would lose significant protections if there is no renewal of federal supports for insurers after a major terrorism attack, according to a RAND Corp. study released

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WASHINGTON–Taxpayers and businesses would lose significant protections if there is no renewal of federal supports for insurers after a major terrorism attack, according to a RAND Corp. study released today.

The think tank researchers found that the existing Terrorism Risk Insurance Act program works because it better enables the private sector to cover terrorism risk and businesses to purchase terrorism coverage.

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