The terrorist attacks of September 11, 2001 represented a loss for commercial property & casualty insurers that was both unprecedented and unanticipated. After sustaining this record capital loss, the availability of adequate private insurance coverage against future terrorist attacks came into...

In the aftermath of the terrorist attacks of September 11, 2001, an important public policy question arose as to whether, and how, the federal government should intervene to provide a temporary backstop for property/casualty terrorism risk insurance. This paper examines several economic...

The terrorist attacks of September 11, 2001 represented a loss for commercial property & casualty insurers that was both unprecedented and unanticipated. After sustaining this record capital loss, the availability of adequate private insurance coverage against future terrorist attacks came into...

In the aftermath of terrorist attacks of September 11, 2001, an important public policy question arose as to whether, and how, the federal government should intervene to provide a temporary backstop for property/casualty terrorism insurance. This paper examines several economic justifications...

The terrorist attacks of September 11, 2001 represented a loss for commercial property amp; casualty insurers that was both unprecedented and unanticipated. After sustaining this record capital loss, the availability of adequate private insurance coverage against future terrorist attacks came...

Some recent analyses have claimed that the 75-year cost of extending the 2001 and 2003 tax cuts is as large as the funding imbalances in Social Security and Medicare. This article takes a critical look at these analyses and finds them flawed and misleading. Previous analyses have relied on...