War Damage Corporation

War Damage Corporation

A state-sponsored corporation in the United States that provided coverage for damage to property in the mainland United States due to attacks by the enemy during World War II. The War Damage Corporation was extremely profitable for the U.S. government because the mainland United States did not experience major attacks during the war.
References in periodicals archive ?
It was called the War Damage Corporation (WDC) and operated in partnership with private companies.
Rethinking safety and security: precedents for insuring terrorism risk
Financial browser ?
Full browser ?