Economic and Insurance Implications of TRIPRA’s Non-Renewal

Overview

The question of what happens if the federal Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is not renewed by Congress is no longer a theoretical one. Dr. Robert P. Hartwig, CPCU, and Claire Wilkinson of the Insurance Information Institute (III) explore the ramifications if federal terrorism reinsurance end on Dec. 31, 2014.