What’s new with TRIA? Nothing at all

BY ARTHUR D. POSTAL, PROPERTYCASUALTY360.COM

WASHINGTON—There appears to be no momentum for House action on legislation reauthorizing the federal backstop on terrorism risk insurance during the current two-week session.

The current version of the Terrorism Risk Insurance Act sunsets Dec. 31. But, Congress is expected to be out of session from Sept. 19th until after the mid-term elections.

#HouseofRepresentatives #TRIAlegislation

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