How Long to Read The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire

How Long Does it Take to Read The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire?

It takes the average reader and 20 minutes to read The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire by Tom LaTourrette

Assuming a reading speed of 250 words per minute. Learn more

Description

Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, in response to terrorism insurance becoming unavailable or, when offered, extremely costly in the wake of the 9/11 attacks. The law creates an incentive for a functioning private terrorism insurance market by providing a government reinsurance backstop for catastrophic terrorist attack losses. Extended first in 2005 and again in 2007, TRIA is set to expire at the end of 2014, and Congress is again considering the appropriate government role in terrorism insurance markets. This policy brief examines the potential federal spending implications of allowing TRIA to expire. Combining information on federal spending through TRIA, the influence of TRIA on the availability of terrorism insurance coverage, and the relationship between uninsured losses and federal disaster assistance spending, the authors find that, in the absence of a terrorist attack, TRIA costs taxpayers relatively little, and in the event of a terrorist attack comparable to any experienced before, it is expected to save taxpayers money.

How long is The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire?

The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire by Tom LaTourrette is 20 pages long, and a total of 5,000 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire aloud.

What Reading Level is The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire?

The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire?

The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire by Tom LaTourrette is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire by Tom LaTourrette on Amazon click the button below.