Federal Terrorism Risk Insurance
Posted: 24 Mar 2003
In the aftermath of terrorist attacks of September 11, 2001, an important public policy question arose as to whether, and how, the federal government should intervene to provide a temporary backstop for property/casualty terrorism insurance. This paper examines several economic justifications for intervention and the rationale behind the Administration's proposal for a temporary and limited government program.
Suggested Citation: Suggested Citation