Leader’s Edge 5/8/2020- Uncle Sam’s Promise: U.S. terrorism-loss backstop has yet to be tested

Robert P. Hartwig, PhD, CPCU · May 8, 2020 ·

Dr. Robert Hartwig was quoted in Russ Banham’s article in Leader’s Edge about Congress discussing a backstop similar to the Terrorism Risk Insurance Act (TRIA) for the economic impact of COVID-19. Hartwig, chief economist at the Insurance Information Institute during the 0/11 crisis, “predicted to The Wall Street Journal that the global insurance industry would absorb the costs of the tragic terrorist attacks in New York City and Arlington.” Read the article here on Russ Banham’s website.

About Robert P. Hartwig, PhD, CPCU

Director, Risk and Uncertainty Management Center
Clinical Associate Professor
Robert Hartwig (Ph.D., University of Illinois, 1993) is clinical associate professor of finance and director of the Risk and Uncertainty Management Center. His research focuses on insurance markets and structures, risk management, pandemic risk, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators. Prior to joining the Darla Moore School of Business, he was president and economist for the Insurance Information Institute in New York and in prior positions worked for Swiss Re, the National Council on Compensation Insurance and the U.S. Consumer Product Safety Commission. He has also served as an adjunct professor at Florida Atlantic University. His professional experience includes expert witness testimony and testimony before numerous congressional and state legislative committees. He holds the Chartered Property Casualty Underwriter (CPCU) credential and speaks frequently in the media on all issues related to insurance markets.