Stakeholders seeking reauthorization of the Terrorism RiskInsurance Act (TRIA) are holding an emergency meeting today todiscuss next steps in the wake of an alarming draft House bill thatwould effectively phase out the program over three years.
“It is about to get ugly,” was the way a key industry lobbyistsummed up the draft of the Terrorism Risk Insurance ModernizationAct (TRIM) proposal.
The meeting will be held at 3 p.m. in the offices of the Chamberof Commerce. Representatives of insurers, insureds, and agents andbrokers, as well as such allied industries as mortgage bankers andcommercial real estate interests, will be attending, according toindustry officials.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
