Where do we go from here?The Terrorism Risk Insurance Act of 2002 (TRIA) signed into law by President Bush established a temporary national insurance program that provides up to $100 billion commercial coverage against terrorism losses perpetrated by foreign interests on U.S. soil. Even after the terrorist attack on the World Trade Center in 1993 and the Oklahoma City bombing in 1995, insurers in the United States did not view either international or domestic terrorism as a risk that should be explicitly considered when pricing commercial insurance.....
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