In the unstable world of terrorism, there has been one constant throughout much of the 21st century – the stabilizing force of the Terrorism Risk Insurance Act (TRIA). Upon its Congressional enactment following the 9/11 terrorist attacks on the United States, TRIA immediately calmed the insurance markets, providing a solvency safety net for insurers in exchange for making terrorism coverage available to consumers.

Emily BakerOctober 25, 2019