Terrorism Risk Insurance

The financial losses and claims on companies following the terrorist attacks of September 11, 2001, led the United States to examine the role of terrorism risk insurance. RAND has researched and advised policymakers about terrorism risk management in general and, in particular, the Terrorism Risk Insurance Act (TRIA), a U.S. law designed to limit insurers’ financial losses following acts of terrorism, which has been extended twice and is now due to expire in 2014.

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    Lloyd Dixon

    Director, RAND Kenneth R. Feinberg Center for Catastrophic Risk Management and Compensation; Senior Economist; Professor of Policy Analysis Pardee RAND Graduate School
    Education Ph.D. in economics, University of California, Berkeley; B.S. in general engineering, Stanford University; B.A. in political science, Stanford University