Jul 26, 2020
1 min read
PRIA — Comparing the Backstop with TRIA
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:
