PRIA — Comparing the Backstop with TRIA

Photo by Jason Dent on Unsplash

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: