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.

201409.10
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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…

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…