Magazine article Risk Management

Hindsight

Magazine article Risk Management

Hindsight

Article excerpt

The Toll of Terrorism

As Congress continues to debate an extension of the Terrorism Risk Insurance Act (TRIA), researchers at the Wharton Risk Center calculated the possible financial stakes by analyzing estimated property and workers compensation losses from three terrorist attack scenariosa 10-ton truck bomb explosion, a one-ton Sarin chemical agent release and a one-kiloton nuclear weapon attack-in Chicago, Houston, Los Angeles and New York.

Value of disability and loss ofvalue insurance policy purchased by star Florida State University quarterback Jaméis Winston, which covers the Heisman Trophy winner in case an injury ends his playing career or causes him to fall In the NFL draft order. (He Is projected to be chosen Sn the top 10). The university is reportedly paying the $60,000 annual premium. Earlier in the year, USC wide receiver Marqlse Lee collected on a $5 million loss of value policy went he fell from a projected top-five pick to the second round after an MCL sprain. …

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