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PIA Conducts Grassroots Campaign As TRIA Renewal Goes Down to the Wire

[Editor's Note, 12/7/05, 3:15 Eastern Time: The House of Representatives has just passed TRIA renewal legislation by a vote of 371-49. House and Senate negotiators...
December 6, 2005

[Editor's Note, 12/7/05, 3:15 Eastern Time: The House of Representatives has just passed TRIA renewal legislation by a vote of 371-49. House and Senate negotiators must now agree on a final bill. Stay tuned to PIANET for more information on this issue. However, until legislation is signed by President Bush, PIA continues to urge agents to contact Congress and the President urging TRIA's renewal.]

On Monday afternoon December 5, PIA National sent an updated Grassroots Action Alert encouraging agents to contact their Members of Congress and President Bush one more time, as renewal of the Terrorism Risk Insurance Act (TRIA) is considered by Congress.

Congressional action to renew TRIA is currently pending on Capitol Hill, awaiting action by lawmakers returning from the Thanksgiving holiday recess. 

On Friday November 18, shortly before the Thanksgiving adjournment, the Senate voted for a two year TRIA extension.  There are significant differences between this bill and one passed by the House Financial Services Committee (H.R. 4314).  PIA is encouraging the entire House to embrace H.R. 4314 as its TRIA renewal vehicle - however, our overriding message continues to be the need to "Just Renew It!" because the importance of renewing TRIA overrides differences between House and Senate proposals.

The new PIA Grassroots Action Alert is a follow-up to the one PIA conducted in November, prior to passage of the Senate TRIA bill and the one approved by the House Financial Services Committee. The November grassroots action prompted agents to send over 2,000 individual messages to Congress and President Bush on TRIA (as well as on the need to increase the borrowing authority of the National Flood Insurance Program).

"With these two critical issues being decided, PIA pulled out all the stops to make sure that Congress made the right decisions," commented PIA Executive Vice President & CEO Len Brevik, in an interview for an article on the grassroots efforts that appeared in the National Underwriter on December 1. "We plan to keep the pressure up [for TRIA passage]. It is vital that we do not play games on these issues and wait until the last minute."

On Tuesday, November 29, a meeting of insurance industry representatives and others was held to coordinate the final push for TRIA.  "We realize that this sustained grassroots effort is extraordinary, but the key players in our industry agree that renewing TRIA is so important that we've got to keep the pressure on!," the grassroots message states.

PIA Grassroots Action Alert - TRIA (12/5/05)

PIA: Campaign Sent Congress 2,000 Mailings (National Underwriter 12/1/05)

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