✉news WorldUS Politics first seen 3 h ago, last 44 min ago, peak #10
Insurers urge Congress to resolve TRIA reauthorization before year-end
Original: Insurers press Congress to settle TRIA differences before year-end
US insurers are pressing Congress to work out its differences over the Terrorism Risk Insurance Act (TRIA) before the end of the year. Industry groups want lawmakers to settle pending disagreements and extend the federal terrorism insurance backstop without a lapse, warning that uncertainty over the programme leaves coverage for terrorist attacks unresolved.
Why now: Lawmakers face a year-end deadline on TRIA's reauthorization, and a lapse would leave the terrorism insurance backstop in doubt.
US CongressTRIAUS insurance industry
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- Insurers press Congress to settle TRIA differences before year-end · Insurance Business
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