Congress enacted the Terrorism Risk Insurance Act (TRIA) in response to the terrorism insurance industry contraction after the 9/11 attacks. With TRIA set to expire, this policy brief examines the federal spending implications of TRIA. The authors find that, in the absence of a terrorist attack, TRIA costs taxpayers relatively little, and in the event of an attack comparable to any experienced before, it is expected to save taxpayers money.
Justice, Infrastructure and Environment Publications
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How Will the Patient Protection and Affordable Care Act Affect Liability Insurance Costs?April 9, 2014
This report identifies potential mechanisms through which the Affordable Care Act (ACA) might affect liability claim costs and develops rough estimates of the size and direction of expected impacts as of 2016. Overall, effects of the ACA appear likely to be small relative to aggregate auto, workers' compensation, and medical malpractice insurer payouts, but some states and insurance lines may experience cost changes as high as 5 percent or more.
This report assesses the effectiveness of China's industrial policies, using China's commercial aviation manufacturing industry as a case study. It evaluates China's efforts to create a national champion in this industry, and analyzes foreign manufacturers' efforts to protect key technologies when setting up production facilities there. It also offers policy options for foreign governments responding to Chinese policies.
Evaluation of National Institute of Justice–Funded Geospatial Software Tools: Technical and Utility Assessments to Improve Tool Development, Dissemination, and UsageApril 3, 2014
A geospatial software tool-evaluation study conducted for the National Institute of Justice (NIJ) assessed 14 recent NIJ-funded tool developments. The study integrates input from tool developers and users with RAND's independent assessments. The authors found that 12 developments resulted in fully functional tools and make five recommendations that will enable NIJ to maximize benefits to the law enforcement community from future developments.
How Effective Is Correctional Education, and Where Do We Go from Here? The Results of a Comprehensive EvaluationMarch 18, 2014
This report assesses the effectiveness of correctional education programs for both incarcerated adults and juveniles and the cost-effectiveness of adult correctional education. It also provides results of a survey of U.S. state correctional education directors that give an up-to-date picture of what correctional education looks like today. Finally, the authors offer recommendations for improving the field of correctional education moving forward.