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Model quantifies terrorism risk.(Technology Tools)

Risk Management Solutions was recently consulted by the United States Department of Homeland Security and Los Alamos National Laboratory following the Top Officials exercise, conducted by Homeland Security and the Department of State. RMS developed estimates of the economic costa associated with alternative responses to a hypothetical bio-terrorism attack held in Chicago as part of the simulation exercise. In Chicago, the exercise focused on how best to respond to a simulated outbreak of pneumonic plague resulting from coordinated terrorist attacks.

"Many of the respon

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  • TRIA extension gets House vote.
    • Legislators have demonstrated support of long-term renewal of the federal government's terrorism insurance. The Terrorism Risk Insurance Revision and Extension Act (TRIA), H.R.2761, sailed through the U.S. House of Representatives last week. The bill proposes a 15-year renewal of the act, extending coverage for both foreign and domestic terrorism ......
  • TRIA gets seven year reprieve as House passesinsurance bill.
    • Washington support for the Terrorism Risk Insurance Act (TRIA) is growing. The U.S. House of Representatives passed H.R. 2761, a bill proposing a seven-year extension of the federal terrorism risk insurance, echoing similar legislation passed by the Senate earlier this year. The legislation is applauded by many in the real ......
  • Editor's Report
    • Associated Builders and Contractors (ABC) is calling for a two-year extension to the Terrorism Risk Insurance Act. President Bush signed the Terrorism Risk Insurance Act of 2002 (TRIA) into law two years ago. It established a federal Terrorism Insurance Program to provide a system of public and private insurance for ......
  • Extending TRIA
    • Following the terrorist attacks of September 11, 2001, the U.S. construction industry faced a troubling dilemma. Contractors working on high-profile construction projects suddenly found it difficult to obtain high-quality, affordable terrorism risk insurance. In the uncertain days after the attacks, no major project seemed immune from the threat of terror, ......
  • As Congress Resumes, Battles Begin Over TRIA, Eminent Domain
    • Despite all the congressmen, lawyers, political groups and real estate organizations involved in the current debate concerning terrorism insurance, very few argue against extending the Terrorism Risk Insurance Act?at least in some form or another. The discussion gets tangled and the lines drawn, however, when the interested parties offer differing ......
  • Critical infrastructure plans making progress, GAO says.
    • WHEN THE GOVERNMENT Accountability Office has something good to say about the Department of Homeland Security, it's news. A report on the department's efforts to coordinate 17 national infrastructure protection plans, which are designed to integrate the private sector and government's security efforts, gave the department generally good marks....
  • Treasury: Don't extend Terrorism Risk Insurance Act
    • The U.S. Treasury Department on Thursday recommended against extending the Terrorism Risk Insurance Act of 2002, which President Bush signed into law to safeguard the country's economy following the 2001 terror strikes on New York and Washington, D.C.

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  • Use the rifle approach to safety
    • The best way to move your organization toward more cohesive safety efforts is to show, in dollars, what losses are costing the organization.
  • Preparing Makes Business Sense.
    • Preparing Makes Business Sense. "How quickly your company can get back to business after a terrorist attack or tornado, a fire or flood often depends on emergency planning done today. While the Department of Homeland Security is working hard to prevent terrorist attacks, the lessons of the 1993 World ......
  • Good Cuppa Joe More Likely Than Terrorists in Small Georgia Town
    • Now that the Department of Homeland Security has put Dawsonville, Ga., (population 619) and its kangaroos on the map, perhaps Craig Lawson will consider adding a Kangaroo Brew to the menu at Steamers , the coffee shop he and his wife opened in Dawsonville last year. A growing town in ......
  • When is a "Valid Form of Identification" no Longer Valid?
    • According to our Homeland Security Department, legitimate citizens of three of our great 50 states will no longer be able to travel after May 11, using their state issued driver's licenses as a valid means of identification.
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