What type of risk does the TRIA specifically address?

The correct response highlights that the Terrorism Risk Insurance Act (TRIA) specifically addresses risks associated with acts of terrorism. Enacted in the aftermath of the September 11 attacks, TRIA was designed to provide a federal backstop for insurance claims resulting from acts of terrorism. This legislation enables insurers to offer coverage for terrorism-related events that might otherwise lead to unaffordable premiums or lack of availability in the insurance market.

By covering these types of risks, TRIA effectively encourages insurance companies to provide terrorism insurance, which contributes to stability in the insurance market and mitigates the financial burden on businesses that may face losses due to terrorist acts. This act is crucial because it helps ensure that businesses continue to have access to funding and insurance necessary for recovery and rebuilding following such catastrophic events.

The other options – natural disasters, workplace injuries, and general liability – pertain to different types of risks and are typically covered under various other forms of insurance, but they do not fall under the specific risk focus of TRIA.