WASHINGTON, DC — Coalition to Insure Against Terrorism (CIAT) spokesman Marty DePoy released the following statement on House passage of a proposal to reauthorize the Terrorism Risk Insurance Act (TRIA), which was approved with overwhelming bipartisan support in a vote of 417-7: “CIAT applauds the House for overwhelmingly approving a bill to reauthorize the Terrorism Risk…
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…
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…
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…
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…
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…
