While the threat of a rogue nuclear event may have slightly diminished, the possibilities of a radiological or biological strike have risen in scope, according to a new terrorism risk model.

Newark, Calif.-based Risk Management Solutions outlined changes to its terror risk model for this year and next at a seminar in New York City yesterday.

This was the fifth such event at which terrorism experts have discoursed on the threats from radical groups and how they could affect the insurance industry.

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