Disaster Planning & Recovery
Would Form of TRIA Work for Pandemics?
Currently, there is a movement by some industry personnel and legislators to expand the Terrorism Risk Insurance Act (TRIA) to include pandemics. There is a discussion draft of a bill, and a summary of that bill here. So, is a federal backstop program that is part of, or similar to, TRIA feasible or advisable? It’s too early to tell, but below are […]