Network Security White Papers
Should the Federal Government Backstop Insurance Industry Terrorism Coverage?
Overview This paper discusses whether and to some extent how the federal government should be involved in the providing of insurance protection against terrorist acts, particularly for businesses and properties that are perceived to be especially at risk. Beginning with a description of why insurers cannot currently provide such coverage, it then discusses: the impact on those left unprotected and on the economy; whether insurers will return to the market or other risk spreading mechanisms will step in to provide protection; existing federal (re)insurance programs; and public policy options regarding terrorism insurance.
| Publisher | The Federalist Society | File Format | HTML |
|---|---|---|---|
| Date Published | February 2005 | ||
| Format | White Papers | ||
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