"The lack of a TRIPRA mandate for NBCR
has resulted in coverage not being widely available in the traditional insurance marketplace.
comparison helps the City prioritize pipes to repair sooner by quantifying and comparing the risks of different maintenance strategies, like those developed in sub-process No.
stood at 0.17 and 0.02 respectively under scenario I and II.
Currently, insurers are not required to make coverage available for nuclear, biological, chemical, or radiological (NBCR
A few large property owners have engineered some NBCR
coverage by forming captive insurers, which are eligible for TRIPA protection, Peters noted.
26, 2007 A seven-year extension is signed into law by President Bush, but contains no provisions for covering NBCR
attacks, leaving most companies uncovered in the event of an attack of this nature.
While the TRIA program has successfully kept terrorism insurance affordable, the President's Working Group on Financial Markets' most recent report concluded that a private market for terrorism reinsurance is virtually nonexistent--especially with regard to nuclear biological chemical and radiological (NBCR
) acts of terrorism.
It adds coverage for domestic terrorism acts, thus eliminating the distinction between "home-grown" terrorism, such as the Oklahoma City bombing, and acts on behalf of a foreign person, and it requires insurance firms to cover nuclear, biological, chemical and radiological (NBCR
) terrorism events.
So far, no companies have asked the department for permission to put a NBCR
exclusion in a group life contract, officials write.
They can provide tailored coverage, large limits and even NBCR
(nuclear, biological, chemical, radiological) protection.
This article explores the relationship between global and regional governance in tackling terrorism, with particular reference to the security of nuclear, biological, chemical, and radiological (NBCR
) materials in Southeast Asia.
(1894) Entitled "Special Emergency Procurement Authority" (SEPA), section 1443 also increased the micropurchase threshold from $2500 to $15,000 if the purchase similarly supports contingency operations or defense against or recovery from NBCR