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The Federal Role In Terrorism Insurance

Author: Lloyd Dixon
Publisher: Rand Corporation
ISBN: 9780833044334
Size: 11.41 MB
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What are the Terrorism Risk Insurance Act's effects on the market for terrorism insurance? What would be the effect of enhancing provisions for nuclear, biological, chemical, and radiological (NBCR) attacks? The authors conclude that the program yields positive outcomes in a number of dimensions for conventional attacks and identify specific reforms that can improve results for NBCR attacks.

Terrorism Insurance

Author: Orice M. Williams
Publisher: DIANE Publishing
ISBN: 1437912400
Size: 72.75 MB
Format: PDF
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The Terrorism Risk Insur. Act (TRIA) is credited with stabilizing insur. markets after the 9/11 attacks by requiring insurers to offer terrorism coverage to commercial property owners, and specifying that the fed. gov¿t. is liable for a large share of related losses. While TRIA covers attacks involving conventional weapons, insurers may use exceptions that may exclude coverage for attacks with nuclear, biological, chemical, or radiological (NBCR) weapons. This report reviews: (1) the extent to which insurers offer NBCR coverage; (2) factors that contribute to the willingness of insurers to provide NBCR coverage; and (3) policy options for expanding coverage for NBCR risks. Charts and tables.

The Long Shadow Of 9 11

Author: Brian Michael Jenkins
Publisher: Rand Corporation
ISBN: 0833058371
Size: 44.42 MB
Format: PDF, ePub
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In a series of essays, this book addresses the question of how America has responded in the ten years since the 9/11 terrorist attacks and suggests options for more effectively dealing with the terrorist threat in the future.

Global Business And The Terrorist Threat

Author: Harry Ward Richardson
Publisher: Edward Elgar Publishing
ISBN: 1848449356
Size: 42.99 MB
Format: PDF, ePub, Docs
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. . . a well-organized compendium, and although there is much technical data to support the varied theories, it is a comfortable read. . . This book represents a diverse and significant contribution to our ability, as a global nation and economy, to be resilient and recover quickly and efficiently when the time comes. Kathy Anne Wood, Journal of Homeland Security and Emergency Management Global Business and the Terrorist Threat offers college-level business and security libraries a top pick charting overlapping areas of influence between business and terrorism from news effects on stock markets to the impact of terrorism on bilateral trade. . . Any advanced college-level business or social issues collection needs this unique analysis. The Midwest Book Review Global business is affected by global terrorism and the two are intricately linked on many levels. This book is an eclectic and enlightening compendium of research that explores the interrelationships between the two. A companion to and expansion on the authors previous books in the area, Global Business and the Terrorist Threat takes a closer look at practical business management, as influenced by terrorist infrastructure, networks and actions. Many overlapping areas of influence between business and terrorism are explored in depth in the book. Among other topics, the authors discuss terrorism and news flows and their effect on stock markets, as well as the effects of transitional terrorism on bilateral trade. The importance of business continuity in the face of ongoing threats is detailed, as are efforts to avoid inadvertent interactions with terrorist groups. Border issues, challenges of benefit cost analysis for terrorism security regulations, the impact of 9/11 on the travel industry and the assessment and management of global interdependent risks close out the book. This book will be a choice addition to the bookshelves of researchers and practitioners in international business, public policy, and terrorism and security.

Public Policy Analysis

Author: Wil A. H. Thissen
Publisher: Springer Science & Business Media
ISBN: 1461446015
Size: 37.45 MB
Format: PDF, Docs
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Traditional policy analysis approaches are characterized by a focus on system modeling and choosing among policy alternatives. While successful in many cases, this approach has been increasingly criticized for being technocratic and ignoring the behavioral and political dimensions of most policy processes. In recent decades, increased awareness of the multi-actor, multiple perspective, and poly-centric character of many policy processes has led to the development of a variety of different perspectives on the styles and roles of policy analysis, and to new analytical tools and approaches – for example, argumentative approaches, participative policy analysis, and negotiation support. As a result, the field has become multi-faceted and somewhat fragmented. Public Policy Analysis: New Developments acknowledges the variety of approaches and provides a synthesis of the traditional and new approaches to policy analysis. It provides an overview and typology of different types of policy analytic activities, characterizing them according to differences in character and leading values, and linking them to a variety of theoretical notions on policymaking. Thereby, it provides assistance to both end users and analysts in choosing an appropriate approach given a specific policy situation. By broadening the traditional approach and methods to include the analysis of actors and actor networks related to the policy issue at hand, it deepens the state of the art in certain areas. While the main focus of the book is on the cognitive dimensions of policy analysis, it also links the policy analysis process to the policymaking process, showing how to identify and involve all relevant stakeholders in the process, and how to create favorable conditions for use of the results of policy analytic efforts by the policy actors. The book has as its major objective to describe the state-of-the-art and the latest developments in ex-ante policy analysis. It is divided into two parts. Part I explores and structures policy analysis developments, the development and description of approaches to diagnose policy situations, design policy analytic efforts, and policy process conditions. Part II focuses on recent developments regarding models and modeling for policy analysis, placing modeling approaches in the context of the variety of conditions and approaches elaborated in Part I.

Terrorism

Author:
Publisher:
ISBN: 9780195398069
Size: 30.85 MB
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Terrorism: Commentary on Security Documents is a hardbound series that provides primary-source documents on the worldwide counter-terrorism effort. Among the documents collected are transcripts of Congressional testimony, reports by such federal government bodies as the Congressional ResearchService and the Government Accountability Office, and case law covering issues related to terrorism. Most volumes carry a single theme, and inside each volume the documents appear within topic-based categories. The series also includes a subject index and other indices that guide the user throughthis complex area of the law. Volume 101 (Bio-Terrorism), provides a revealing survey of the current threat of biological terrorism. The documents published in this volume present the latest available information regarding the nation's concern over bioterrorism and the US government's defensive policies. Doug Lovelace'scommentary encapsulates the substance of each of the documents and offers insight into their significance. This volume introduces the Chairman of the Joint Chiefs of Staff's updated strategy to assist military commanders and staffs in defending against bioterrorism and underscores some of thatstrategy's shortcomings. Volume 101 also examines BioSense and BioShield, two of the United States' current biological defense programs. The reports in this volume reveal the gaps in both programs' effectiveness. Finally, this volume identifies the industries that may be vulnerable tobioterrorism attacks. In particular, two of the Congressional Research Service reports included in this volume illustrate that the nation's water supply and the agricultural and food infrastructure are at risk. Overall, Volume 101's collection of current key documents, coupled with Doug Lovelace'silluminating commentary, will provide researchers with an appreciation for the renewed concern about biological terrorism.

Workshop On Nonstationarity Hydrologic Frequency Analysis And Water Management January 13 15 2010 Boulder Colorado

Author:
Publisher:
ISBN:
Size: 30.73 MB
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"An underlying assumption of traditional hydrologic frequency analysis is that climate, and hence the frequency of hydrologic events, is stationary, or unchanging over time. A stationary series is relatively easy to forecast: one simply predicts that statistical properties will be the same in the future as they have been in the past. Anthropogenic climate change and better understanding of decadal and multi-decadal climate variability present a challenge to the validity of this assumption. The workshop ... was organized to present and discuss possible operational alternatives to the assumption of stationarity in hydrologic frequency analysis."--Abstract.

Evaluating The Effectiveness Of Terrorism Risk Financing Solutions

Author: Howard Kunreuther
Publisher:
ISBN:
Size: 19.57 MB
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The 9/11 attacks in the United States, as well as other attacks in different parts of the world, raise important questions related to the economic impact of terrorism. What are the most effective ways for a country to recover from these economic losses? Who should pay for the costs of future large-scale attacks? To address these two questions, we propose five principles to evaluate alternative programs. We first discuss how a federal insurance program with mandatory coverage and a laissez faire free-market approach for providing private insurance will fare relative to these principles. We conclude that neither solution is likely to be feasible here in the United States given the millions of firms at risk and the current structure of insurance regulation. We then evaluate how well the U.S. Terrorism Risk Insurance Act (TRIA), a public-private program to cover commercial enterprises against foreign terrorism on U.S. soil, meets the five principles. In particular, we show that TRIA has had a positive effect on availability of terrorism coverage and also has significantly contributed to reducing insurance premiums. TRIA is scheduled to terminate at the end of the year, but pending legislation would extend the program for fifteen years after December 31 (HR. 2761). In this paper, we show that such a long-term extension might have important impacts on the market. This could increase the take-up rate, as prices might be even lower than they are today. We show also, however, that if TRIA were extended for a long period of time in its current form, some insurers could "game" the program by collecting ex ante a large amount of premiums for terrorism insurance, while being financially responsible for only a small portion of the claims ex post. The general taxpayer and the general commercial policyholder (whether or not covered against terrorism) would absorb the residual insured losses. This raises major equity issues inherent in the design of the program.