TRIA News
The P/C Industry Calculates Its Future After Republican U.S. Election Gains
A day after the 2014 midterm elections gave Republicans control of the U.S. Senate, wider control of the House and major gains in state races across the nation, lobbyists for the property/casualty ...
PCI’s Gordon: Congressional Leaders Pledge Dec. TRIA Renewal
An executive with the Property Casualty Insurers Association of America said Congressional leaders have offered assurances that they'll reauthorize a version of the Terrorism Risk Insurance Act, or ...
Swiss Re’s Donnell: TRIA Needed in an Uncertain World
In business and life, it's important to know one's strengths and weaknesses. While the insurance industry is adept at modeling windstorms, anticipating emerging liability risks and ensuring orderly ...
13 Years After 9/11, a Call to Renew TRIA
Thirteen years after the 9/11 terrorist attacks, the insurance industry and business they cover are restating their call to Congress to renew a law establishing federal reinsurance coverage to help ...
House Committee Votes on TRIA With NARAB Amendment, FSOC Moratorium
The Republican House Financial Services Committee (HFSC) voted 32-27 in a party line split Friday morning to renew the Terrorism Risk Insurance Program (TRIA) for five years, sending the measure to ...
House TRIA Draft Boosts Event Trigger, Deductibles; Formal Intro Likely This Week
The formal introduction and markup of proposed House legislation to renew the Terrorism Risk Insurance Act (TRIA) is expected the week of June 16, giving the industry hope something will move toward ...
U.S. Treasury Vet is AIA’s New Federal Affairs Chief Counsel
A veteran of the U.S. Department of Treasury will be the American Insurance Association's new chief counsel for federal affairs. The AIA disclosed this week that Amanda Greenwold Wise has been named ...
House Bipartisan TRIA Bill Expected In June: Subcommittee Chair
The chairman of crucial U.S. House subcommittee said a bipartisan bill of its own that will renew the Terrorism Risk Insurance Act, or TRIA, will be unveiled in June. Rep. Randy Neugebauer, R-Texas, ...