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by insurerisk
Wed Apr 06, 2005 5:47 am
Forum: Opinions
Topic: Terrorism Coverage Question
Replies: 4
Views: 5959

Question of the day. Under TRIA, eligibility requires that there be an "insured loss" of at least $5 million from a "certified" act of terrorism. Would this imply that losses under 5 mill are not covered by a carrier's terrorism coverage? Thus, if an insured carries only 5 mill i...