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Tuesday, September 9, 2014

Businesses, Associations Urge Prompt TRIA Renewal

ABIA joined more than 400 businesses and associations yesterday urging House members to reauthorize the Terrorism Risk Insurance Act. The Senate passed a seven-year TRIA renewal by an overwhelming bipartisan majority in July.

“TRIA has made it possible for the American economy to get the coverage it needs, while protecting the taxpayer,” the groups said. “Without the backstop that TRIA provides, the private insurance market would simply be unable to provide adequate levels of terrorism risk insurance.”

Read the letter.

For information, please contact ABIA's Kevin McKechnie.
If you would like to learn more about ABIA's support of TRIA or join our TRIA Task Force, please contact us and visit our website.