An Introduction to the TRIPRA Debate

September 11 Memorial of Light 
Copyright Anthony Quintano
The Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) was signed into law in 2007, extending the Terrorism Risk Insurance Act (TRIA) for another seven years and expanding the definition of "act of terrorism" to include domestic terrorism, in addition to other updates to the law. TRIA was enacted, and subsequently renewed, after the terrorist attacks of September 11, 2001, to provide insurers a government backstop in the case of large-scale terrorist attacks.

The following is an excerpt from the Insurance Information Institute's March 2014 whitepaper on TRIPRA by Robert P. Hartwig, Ph.D., CPCU, President of the Insurance Information Institute, and Claire Wilkinson, Consultant. Click here to access the full whitepaper.

With just months to go until the year-end 2014 expiration of the government-backed Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), the debate between industry and government over terrorism risk is intensifying.


Twelve Best Resources on Risk in Higher Education

Resource Library 
Copyright Timetrax23
By Paula V. Smith, Professor of English at Grinnell College and Director of the Purposeful Risk Engagement Project

If you manage risks at a college or university--and what campus leader doesn't?--below is a list of great resources that I expect you'll want to know about. Much of the information is freely available online. Whether you're tackling the risks that threaten campus safety, fiscal strength, compliance, recruitment and retention, or safe global travel, an item from this list can help you meet the challenge.


 Magnifying Glass
Copyright Todd Chandler
By David Olson, Assistant Director of Safety for The Master's College and Glenn Klinksiek, CPCU, ARM, MBA, DRM, Knowledge Center Content Manager for URMIA. This is part 3 of a 4-part series discussing results of a survey of URMIA members' risk identification practices.

The University Risk Management and Insurance Association (URMIA) conducted a survey, “Identifying Risk - A Survey of Practices in Higher Education,” of its members in early June 2014 to find out how risk managers anticipate new or emerging risks. More than 125 URMIA members completed the survey and generated interesting insights into the risk identification process and how this process is most commonly conducted. In the first two installments, Insights shared the results regarding who has responsibility for the risk identification process and what the survey said about the risk identification process. In this issue, Insights will discuss the risk identification methods responders said they used.


Board Corner: Report from URMIA's Government & Regulatory Affairs Committee

 Gavel Fountain
Copyright Sam Howzit
By Leta Finch, National Practice Leader for Higher Dducation for Aon Risk Solutions, affiliate representative to URMIA's Board of Directors, and Board of Directors liaison to URMIA's Government & Regulatory Affairs Committee.

This month's spotlight is on URMIA’s Government and Regulatory Affairs Committee, also known as GRAC.


Construction at Hoover Dam 
Copyright Alan Stark
Each year, URMIA hosts in-person regional and annual (national) conferences around the country as well as online webinars designed to minimize your cost and time away from the office while maximizing your educational and networking opportunities. Take a look at November's Risky Business Week webinar schedule here, and save the dates for URMIA's 2015 regional conferences!

Read on to learn about URMIA's 2014 Distinguished Risk Manager and Innovative Risk Management Solutions awards, Risky Business Week preparations (November 3-7, 2014), URMIA's 2014 scholarly journal, and our FREE ARM study course from Erike Young.

Copyright Zzpza
Each month, this article provides some of the latest risk management resources, as well as a calendar of upcoming events, webinars, conferences, and other learning opportunities in which you or your campus colleagues may be interested.


URMIA Members in the News

 Members in the News
Copyright Mick Baker
Help us welcome our newest members, and see what professional updates your colleagues have to share from the last month.


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Risky Business Week: Make Everyone a Campus Risk Manager

Risky Business WeekURMIA's third annual Risky Business Week, November 3-7, 2014, is a great way to spread the word on your campus about good risk management practices. Take advantage of five free webinars on topics ranging from emergency management to appropriate workplace behavior, and invite your colleagues to join you with an on-campus lunch-and-learn event or group viewing of the webinars. Webinar registration is free and open to all. Learn more at www.urmia.org/events/rmweek.


News Briefs

The Ebola Outbreak: How Employers and Businesses Can Prepare

Healthcare Worker Threatens to Sue Over Mandatory Quarantine Requirement

US Department of Education Releases Final VAWA Regulations


Current Events in the Classroom: Knowing When Silence Is Golden

Call to Congress: Reauthorize the Terrorism Risk Insurance Act (TRIA) Today

Sexual Assault and College Athletes: Unique Challenges for Colleges and Universities

Where Is Higher Education this November? On the Ballot (in a Few States)

Faculty and Tenure Decisions: How Transparent Is Your Institution?

Upcoming Events

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