PRIA — Comparing the Backstop with TRIA
1 min readJul 26, 2020
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First published on June 6, 2020
The proposed Pandemic Risk Insurance Act (HR 7011) starts from the framework developed for the Terrorism Risk Insurance Act (TRIA) — and stretches it by more than 7-fold.
CBI has developed a 5 minute video comparing PRIA and TRIA with respect to the:
- Insurer Deductible
- Federal Share
- Insurer-Co-Share
- Program Trigger
- Liability Cap
This video is available at the following link:
