So far, it is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act of 2007 is not renewed beyond its December 2014 expiration date. However, some industry experts fear workers’ compensation could be the biggest source of claims in any future attack on U.S. soil, and many warn that companies should begin planning against an employee-based scenario now.

Ben Tucker, Head of Terrorism and Political Violence for the newly created Crisis Management team at XL US, predicts that if TRIPRA is not renewed or if it is dramatically changed, liability and workers’ comp policies are going to start attaching a sunset clause to their contracts.

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