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PCI, NAMIC Applaud TRIA Bill, Express Concerns
Both the Property and Casualty Insurers Association of America and the National Association of Mutual Insurance Companies have applauded the introduction of S. ...
Bill to Extend TRIA Is Introduced in the Senate
A bipartisan bill (S. 2244) to reauthorize and extend the Terrorism Risk Insurance Act was introduced April 10 in the U.S. Senate by Sens. Charles Schumer ...
TRIA Renewal Hits a Bump in the Road
The effort to secure a long-term reauthorization of the Terrorism Risk Insurance Act has become more complicated...
On Capitol Hill: TRIA Senate Markup in June
On Capitol Hill this week, Congress holds two hearings that involve issues PIA is following...
Lloyd's: U.S. Still Needs TRIA
Sean McGovern, the United States Director for Lloyd’s, says the Terrorism Risk Insurance Act (TRIA) needs to be renewed by Congress...
PIA Praises Passage of TRIA Renewal Bill by Senate Banking Committee
WASHINGTON — The National Association of Professional Insurance Agents today praised the Senate Committee on Banking, Housing and Urban Affairs for unanimously ...
FEMA Nuclear Exercise in Pennsylvania
To assess the ability to respond to an emergency at a nuclear facility.
ACE CEO Greenberg Says TRIA Renewal a “No-Brainer”
Ace Ltd. CEO Evan G. Greenberg gave a full-throttle endorsement for the renewal of the Terrorism Risk Insurance Act (TRIA), saying without it there would be ...
TRIA Bill With Near-unanimous Support Goes Down
A year-long effort on the part of a broad coalition of American businesses to secure a long-term renewal of the Terrorism Risk Insurance Act came to an end at ...
Study Reveals Renewing TRIA Would Save Taxpayers Money
RAND Corp.’s latest study, “The Impact on Federal Spending of Allowing the Terrorism Risk Insurance Act to Expire,” reveals that renewing the Terrorism Risk ...
Elections Dim Prospects for Long-term TRIA Renewal
Prospects for quick passage of a long-term renewal of the Terrorism Risk Insurance Act have dimmed as a result of the November elections...
A.M. Best Warns Insurers on Possible TRIA Non-Renewal
With no indications whether Congress will decide the future of the Terrorism Risk Insurance Program Reauthorization Act (TRIA), A.M. Best is urging insurers to ...
PIA Reaffirms Its Position on TRIA Renewal
The Senate recently held a hearing on reauthorizing the Terrorism Risk Insurance Act, and the House Financial Services Committee is expected to begin work on ...
PIA Praises Passage of TRIA Renewal Bill by Senate Banking Committee
PIA praised the Senate Committee on Banking, Housing and Urban Affairs for unanimously approving the Terrorism Risk Insurance Program Reauthorization Act (S. ...
TRIA Renewal Helped Keep Rates Down
The reauthorization of the Terrorism Risk Insurance Act helped create favorable terrorism insurance pricing for most policyholders, blunting "any short-term ...
Not Renewing TRIA Could Lead to Higher Premiums: Fitch
Failure to renew the Terrorism Risk Insurance Act (TRIA) could induce commercial insurers to retreat from larger metropolitan areas, reducing availability of ...
Prospects for Capitol Hill Action in the Remainder of 2004
Another August Congressional recess has come and gone. Members have spent the majority of the month in their states and districts visiting with constituents...
TRIA Moves to Front Burner in Congress, SMART May Slow
The House Financial Services Committee will hold a mark-up September 29 on a bill to extend the Terrorism Risk Insurance Act (TRIA) by two years....
Oxley Commits to Extension of TRIA, Warns on SMART
House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) told an industry group he is committed to seeing the Terrorism Risk and Insurance Act ...
PIA Joins Broad Business Coalition Saying: "Pass TRIA Now!"
PIA has joined with a wide business coalition assembled by the U.S. Chamber of Commerce in urging Congress to pass an extension of the Terrorism Risk Insurance ...
What Does an Expiration of TRIA Mean?
Disruption in the terrorism marketplace is expected and insurers are bracing themselves as a result of the failure of Congress to renew the Terrorism Risk ...
Market Disruption Expected as TRIA Set to Lapse
Disruption in the terrorism insurance marketplace is expected after a lapse of the Terrorism Risk Insurance Act...
PIA "Shocked and Dismayed" at Senate Inaction on TRIA
As a result of inaction by the U.S. Senate, the Terrorism Risk Insurance Act (TRIA) is expected to lapse on December 31, 2014...
NAIC Summer 2014 National Meeting Highlights
The National Association of Insurance Commissioners (NAIC) summer meeting was held August 14-19 in Louisville, Kentucky...
Congress to Return Sept. 8 With TRIA Renewal Looming
Congress is preparing to return Sept. 8 for an abbreviated session shortened by the impending November elections...
A Rational Look At Risk Following Paris
Now that the Paris terrorist attacks have receded from news cycles, we have an opportunity to consider whether initial reactions were appropriate...
PIA Article: Congress’ Two-Front War
PIA addresses two of our major issues of focus at the upcoming PIA Federal Legislative Summit (FLS) in an article in the March issue of National Underwriter...
Many Types of Coverage Could Be Involved in Orlando Shooting
Although many details of the insurance issues related to the mass shooting on June 12 at Pulse, a gay nightclub in Orlando, Florida, are unknown, Ben Tucker, ...
PIA Praises House Passage of Long-term TRIA Renewal
WASHINGTON – The National Association of Professional Insurance Agents praised the U.S. House of Representatives for passing bipartisan legislation that ...
The Top 20 Most Costly Terrorist Acts by Property Losses
With terrorism a growing concern, especially from lone wolf attackers, businesses need to examine their insurance coverage to ensure they are adequately ...