Should the U.S. Backstop Private Terrorism Risk Insurance – Forever? (July 2013)

In the following TIME opinion piece, adapted from his testimony before the US Congress, Erwann Michel-Kerjan, discusses the need to extend government-funded terrorism risk insurance – but with some market-oriented modifications. This article appeared end of June in Knowledge@Wharton and in MAMIC’s magazine. The terrorism risk insurance program is supposed to expire in 18 months. […]