US Terrorism Insurance Debate Focuses On Captives Role, Cyber Modeling Gap
TRIA's 2026 comment record has closed with captive insurers capturing up to 96% of expected backstop payouts in Treasury's own scenarios, and a new AI-driven hyperscale concentration argument threatening to expose the program's cyber certification architecture as structurally obsolete.
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Models
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Space Weather Models May Be Measuring the Wrong Risk
A new model of solar-storm risk exposes a fundamental problem: the metric used to measure the hazard may not capture the forces that actually cause trillions of dollars in physical losses.
