Sunday, November 30, 2008

Why Should the Government Subsidize Terrorism Insurance?

Just before Christmas President Bush signed into law a second extension of the Terrorism Risk Insurance Act of 2002 (TRIA). This Act hasn't gotten a lot of press, but it provides a pretty substantial subsidy for the insurance industry.

www.concurringopinions.com/archives/2007/12/why_should_the.html