Hepler Broom, LLC

Tag Archives: Terrorism Risk Insurance Act

Risky Business: The Terrorism Risk Insurance Act

February 13, 2015

The backbone of insurance is risk.  It is assessing risk, allocating risk, pricing risk, and insuring risk.  The insurance industry is – in a word – one of risk. To help calculate risk, the industry has built sophisticated models and algorithms, designed to measure the likelihood of certain events and scenarios.  These predictive models quantify […]