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  1. CRS documented $60 billion in losses from 9/11 attacks, and Congress extended the related risk insurance program through 2034.

The financial fallout of the 9/11 attacks led to massive insured losses in the US, prompting the need for a federal backstop.

1 report, 1 independent Updated Sep 11
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What happened

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The financial fallout of the 9/11 attacks led to massive insured losses in the US, prompting the need for a federal backstop.

Who's involved

What this event is mainly about
New York

How it developed

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  1. Sept. 11 attacks necessitated disaster recovery planning for financial institutions.Sub-event
  2. Massive insured losses from 9/11 prompted the need for a federal backstop in the US.1 source

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Part of

CRS documented $60 billion in losses from 9/11 attacks, and Congress extended the related risk insurance program through 2034. All 1 developments

The entities involved

Coverage

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