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An Amtrak police K-9 unit patrols New York's Penn Station. (AP Photo/Bebeto Matthews)

Terrorism remains a difficult risk to insure, but, contrary to the views of some, it can be modeled by measuring the likelihood of an attack against vigorous counter-terrorism efforts employed by Western nations, according to a Risk Management Solutions white paper meant to inform stakeholders as they debate a Terrorism Risk Insurance Act extension.

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