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Thursday, August 14, 2014

Take Action: Urge the House to Pass the Senate's TRIA Renewal Bill

ABIA, in partnership with ABA grassroots, has created talking points to help our members contact their House members to urge the House to pass the bipartisan, Senate-approved Terrorism Risk Insurance Act renewal bill, S. 2244. This bill would extend TRIA for seven years, while increasing the amount the private sector would be required to cover after a terrorist attack. Competing legislation passed by the House Financial Services Committee (HFSC) offers a shorter renewal period with less favorable terms on deductibles, the damage threshold and when the legislation is triggered.

ABIA/ABA’s grassroots alert offers talking points to help our members persuade their Representatives to adopt the Senate’s version instead of the HFSC's. For details on the House and Senate TRIA bills, please read the ABIA members-only TRIA matrix. 

In addition to writing letters, members can raise the issue with their House members during in-person visits during the remainder of the August recess. ABA grassroots offers a packet of resources for members on advocating during the recess.

Write your members of Congress now.

View congressional recess resources on Amplify (requires first time users to register).

Learn more about TRIA and ABIA's work to support renewal.

Indicates ABIA members-only material. Not an ABIA member? Contact Jennifer Hatten to learn about the benefits of membership and ways to join here. Visit our membership page to learn more.

Are you an ABIA member but not yet on our ABIA Network? Contact Deanne Marino for an invitation.

The ABIA has a Terrorism Insurance TRIA Task Force. If you would like to learn more about ABIA's support of TRIA or join our Task Forces, please contact us and visit our website.