Posts related to ‘TRIPRA’

One of the biggest challenges in risk management is the concept of things “probable” versus things “possible.” Traditional risk management has focused more on the probable, using historical losses and other data to actuarially forecast future losses …

Just when you thought you knew all the acronyms, TRIA (the Terrorism Risk Insurance Act) comes back to the forefront, now known as TRIPRA (Terrorism Risk Insurance Program Reauthorization Act).  First passed in 2002 in its original form, its purpos…