ABSTRACT

Insurance, Finance, and Regulation Primer for Terrorism Risk Management in Buildings   [open pdf - 3MB]

The purpose of this primer is to introduce the building insurance, finance, and regulatory communities to the issue of terrorism risk management in buildings and the tools currently available to manage the risks. FEMA 429 provides information related to insurance, the Terrorism Risk Insurance Act of 2002, and highlights current building regulations related to terrorism risk, due diligence, and vulnerability. The manual also includes a Building Security Checklist categorized by data collection, attack delivery methods, and attack mechanism parameters. The primer is part of the "Multihazard Risk Management Series of publications that addresses terrorism risk in buildings. The objective of this primer is to introduce the building insurance, finance, and regulatory communities to the issue of terrorism risk management in buildings and the tools currently available to manage that risk." "Insurance, finance and regulation are considered the "change levers" of the built environment. They are the principal mechanisms for the evaluation and management of risk exposure in buildings. These change levers play a critical role in introducing and maintaining standards for risk management and public safety." "The change levers of finance, insurance, and regulation...can motivate and reward the implementation of...solutions" to the risk of terrorist attacks. Appended to the primer is the Terrorist Risk Insurance Act of 2002, an extensive glossary of facts and terms, a Chemical, Biological, and Radiological Glossary, a large list of relevant acronyms, a list of relevant associations and organizations, and an extensive bibliography for further research.

Report Number:
FEMA 429
Publisher:
Date:
2003-12
Series:
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
URL:
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