201411.19
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CIAT Leaders Storm Capitol Hill to Urge Immediate TRIA Reauthorization

WASHINGTON, DC — The Coalition to Insure Against Terrorism (CIAT) will be on Capitol Hill today urging members of Congress to quickly approve a long-term reauthorization of the Terrorism Risk Insurance Act (TRIA). CIAT members will discuss the vital role TRIA plays in the nation’s economic and national security with dozens of member offices, placing…

201411.12
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TRIA Renewal Critical to US Economy

WASHINGTON, DC — In an op-ed published in today’s Washington Times, Ed Walter, CEO and President of Host Hotels and Resorts and member of the Coalition to Insure Against Terrorism (CIAT), underscores the critical importance of extending the Terrorism Risk Insurance Act (TRIA) before the law expires at the end of 2014. Only a handful of legislative days…

201411.06
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AH&LA, 80+ Hotel Organizations Call on House Leadership to Pass TRIA Now

Washington, D.C. – November 6, 2014 – In the wake of the midterm elections, the American Hotel & Lodging Association (AH&LA), along with more than 80 other hotel industry groups including hotel brands, management companies, real estate investment trusts  REITs), owners and state hotel associations, called on the House of Representatives to get back to work and pass the…

201410.09
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Reauthorize TRIA Now: A One-Year Extension Would Further Threaten Our Economy

Despite clear consensus in Congress that the Terrorism Risk Insurance Act (TRIA) must be reauthorized, the issue somehow remains in limbo. This has already hurt the economy: the TRIA Program works solely on the basis of private insurers’ willingness to write such insurance, and questions about the program’s future are destabilizing. A one year (or shorter) stop-gap extension of TRIA actually exacerbates the problem. Insurers and their business customers need greater certainty to function properly, especially where long-term financing is involved. Kicking the can down the road to next year will, experts agree, sacrifice economic growth.

201409.11
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What’s new with TRIA? Nothing at all

BY ARTHUR D. POSTAL, PROPERTYCASUALTY360.COM WASHINGTON—There appears to be no momentum for House action on legislation reauthorizing the federal backstop on terrorism risk insurance during the current two-week session. The current version of the Terrorism Risk Insurance Act sunsets Dec. 31. But, Congress is expected to be out of session from Sept. 19th until after the mid-term…

201409.11
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CIAT: Changing Terrorism Threats Highlight Need for TRIA Reauthorization

Washington, DC – The Coalition to Insure Against Terrorism (CIAT) today recognized the anniversary of the September 11 terrorist attacks and highlighted the critical role the Terrorism Risk Insurance Act (TRIA) has played in providing economic stability in the face of ongoing national security threats. Since the savage attacks of 9/11, the threat of terrorism…

201409.10
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CIAT urges Congress to complete TRIA reauthorization

WASHINGTON, DC — As Congress returns to Washington after the August recess, the Coalition to Insure Against Terrorism (CIAT) today urged the House to work quickly to pass legislation reauthorizing the Terrorism Risk Insurance Act (TRIA). “With only a handful of legislative days remaining before the November elections, Congress must move quickly to approve legislation that will ensure…

201409.08
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More than 500 businesses and industry organizations signed a letter urging Members of the House of Representatives to swiftly reauthorize TRIA

September 8, 2014 TO THE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES: In April, many of America’s major employers from a broad range of organizations across the nation joined in a letter to Congress strongly urging that the body move swiftly to reauthorize the Terrorism Risk Insurance Act (TRIA) which is currently set to expire…

201408.25
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Terrorism Insurance Set to Expire for Strip Properties

By Las Vegas Chamber via 8NewsNow LAS VEGAS — Federal dollars that insure Las Vegas in the event of a terrorist attack could soon run out. Both Nevada U.S. senators say they’re working to renew federal terrorism insurance. The Terrorism Risk Insurance Program Reauthorization Act allows the federal government to help pay for any damage…

201408.01
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TRIA Talking Points

The Senate has already passed legislation (S. 2244) reauthorizing TRIA with an overwhelmingly bipartisan vote. However, the House is currently at an impasse on how to proceed to pass its own reauthorization bill (H.R. 4871). Time is running out. The House MUST act quickly to resolve their differences so Congress can take final action to renew the program this fall. We encourage House lawmakers to complete work to pass a long-term extension now.

201407.23
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CEOs push terrorism insurance to Congress

By Chris Bragg on Crain’s New York Business New York City CEO’s—117 of them—signed onto a letter urging Republicans in Congress to reauthorize legislation providing a federal backstop for terrorism insurance. Conservatives are looking to scale back and phase out the program. More than 100 New York City CEOs are calling on House Republicans in Congress to…