Distribution of Losses From Large Terrorist Attacks Under the Terrorism Risk Insurance Act


Book Description

The pending expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 is the impetus for this assessment of how TRIA redistributes terrorism losses. The authors find that the role of taxpayers is expected to be minimal in all but very rare cases and that, even with TRIA in place, a high fraction of losses would go uninsured in each of the attack scenarios examined.




Compensation for Losses from the 9/11 Attacks


Book Description

The terrorist attacks of September 11, 2001, caused tremendous loss of life, property, and income, and the resulting response from public and private organizations was unprecedented. This monograph examines the benefits received by those who were killed or seriously injured on 9/11 and the benefits provided to individuals and businesses in New York City that suffered losses from the attack on the World Trade Center. The authors examine the performance of the compensation system--insurance, tort, government programs, and charity--in responding to the losses stemming from 9/11.




The Federal Role in Terrorism Insurance


Book Description

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.







Global Business and the Terrorist Threat


Book Description

. . . 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.




Compensating Catastrophe Victims


Book Description

This book shows that amelioration of the current compensation solutions for disaster victims is indeed a possibility. In a heated yet often poorly informed debate, it offers clarity and insights regarding the financial compensation for victims of catastrophes which, in addition to raising academic interest, are certain to help build a framework for future policymakers and lawmakers faced with shaping compensation programmes for catastrophe victims.




Crimes Committed by Terrorist Groups


Book Description

This is a print on demand edition of a hard to find publication. Examines terrorists¿ involvement in a variety of crimes ranging from motor vehicle violations, immigration fraud, and mfg. illegal firearms to counterfeiting, armed bank robbery, and smuggling weapons of mass destruction. There are 3 parts: (1) Compares the criminality of internat. jihad groups with domestic right-wing groups. (2) Six case studies of crimes includes trial transcripts, official reports, previous scholarship, and interviews with law enforce. officials and former terrorists are used to explore skills that made crimes possible; or events and lack of skill that the prevented crimes. Includes brief bio. of the terrorists along with descriptions of their org., strategies, and plots. (3) Analysis of the themes in closing arguments of the transcripts in Part 2. Illus.




Estimating Terrorism Risk


Book Description

The Department of Homeland Security is responsible for protecting the United States from terrorism. It does so partly through the Urban Areas Security Initiative, though its distribution has been criticized for not reflecting risk. This monograph offers a practical definition of terrorism risk and a method for estimating it that addresses inherent uncertainties. It also demonstrates a framework for evaluating alternative risk estimates. Finally, it makes five recommendations for improving resource allocation.




Reducing Terrorism Risk at Shopping Centers


Book Description

Terrorist threat at shopping centers is a prominent concern, with over 60 terrorist attacks against shopping centers in 21 countries since 1998. Shopping center operators are starting to explore and implement increased security efforts specifically designed to combat terrorism. This report offers qualitative and quantitative modeling approaches to help these operators evaluate security options for effectiveness at reducing terrorism risk.




Terrorism, Risk and the Global City


Book Description

First published in 2003, this account of the anti-terrorist measures of London's financial district and the changes in urban security after 9/11 has been revised to take into account developments in counter-terrorist security and management, particularly after the terrorist attack in London on July 7th 2005. It makes a valuable addition to the current debate on terrorism and the new security challenges facing Western nations. Drawing on the post-9/11 academic and policy literature on how terrorism is reshaping the contemporary city, this book explores the changing nature of the terrorist threat against global cities in terms of tactics and targeting, and the challenge of developing city-wide managerial measures and strategies. Also addressed is the way in which London is leading the way in developing best practice in counter-terrorist design and management, and how such practice is being internationalized.