Run Time: 3:27
February 10, 2014 in Carrier Management
What If TRIA Ends? A.M. Best’s Terrorism Risk Stress Test
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The federal Terrorism Risk Insurance Program Reauthorization Act (TRIA) is set to expire at the end of 2014. If Congress does not renew the program, there could be negative rating consequences for some carriers. In this part of a recent interview with Carrier Management's Susanne Sclafane, Matt Mosher, senior vice president of rating operations for A.M. Best, discusses his firm's "stress test" for determining the effects on a carrier if there is no federal terrorism insurance backstop.
You can read more about A.M Best's terror stress test in an article by Susanne Sclafane on Carriermanagement.com.
