X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Besides renewal of the current Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), the insurance industry is asking Congress to expand and clarify the law to fill gaps in certification and coverage areas.

Duncan Ellis, Marsh’s property practice leader, said yesterday in an interview during a Washington appearance that the fact that the Obama administration has been silent, despite industry prodding, in saying whether the Boston bombing last year was a terrorist event points out a primary industry concern about the current law. Philip Edmundson, co-founder of William Gallagher Associates, a Boston national brokerage firm, said in an interview with PC360, “It has been a year since the event, and yet the administration has not clarified whether the Boston bombing was a certifiable event.” Under the law, the Secretary of State, the Secretary of the Treasury, and the Attorney General must jointly make such a determination.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.