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Treasury Report Opposes Renewal of Terrorism Risk Insurance Act

National News • June 30, 2005
The Treasury Department on June 30 released a long-awaited report on the Terrorism Risk Insurance Act of 2002 that concludes the act should not be renewed by Congress in its current form. The ...

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Subject: Gov Subsidies

Posted On: July 1, 2005, 8:29 am CDT
Posted By: VFC
Comment:
All the arguments have their merits and their flaws. Bottom line is should the gov stay in this? When 9-11 occured it added to the hard market. The Gov stepped in to prop it up and to give confidence to the financial markets. In 2005 the Insurance market is making money and going into a soft market cycle. The Gov is saying "Ok you guys are doing ok we'll see ya latter. If something happens we'll be back"

All this theory about messuarble and controlable, blah ba balh ba blah is beside the point. You won't be able to buy coverage in NY. It will be unafordable. Well then the Gov will have to step back in won't they. It's called Workings of a free market, supply and demand.
Subject Posted By Posted On
RE: RE: Washington - Always working for the private sector Russ Vollmer
Jul 5, 2005, 4:00 pm
RE: RE: Gov Subsidies VFC
Jul 1, 2005, 11:04 am
RE: Gov Subsidies ThinkAboutIt
Jul 1, 2005, 10:48 am
Gov Subsidies VFC
Jul 1, 2005, 8:29 am
TRIA Article Marc
Jun 30, 2005, 4:45 pm
RE: THANKS GUYS & GALS CA Joe
Jun 30, 2005, 4:06 pm
RE: Washington - Always working for the private sector dave
Jun 30, 2005, 3:12 pm
RE: RE: Washington - Always working for the private sector ( jONATHAN
Jun 30, 2005, 1:06 pm
RE: Washington - Always working for the private sector (NOT) dumbstruck
Jun 30, 2005, 12:36 pm
TRIA Bob
Jun 30, 2005, 12:31 pm
RE: RE: TRIA - A different view ThinkAboutIt
Jun 30, 2005, 12:20 pm
Washington - Always working for the private sector Ignacio
Jun 30, 2005, 12:18 pm
Treasonous TRIA Decision NYC Girl Broker
Jun 30, 2005, 12:15 pm
RE: TRIA - A different view underbroker4
Jun 30, 2005, 12:07 pm
TRIA Fred
Jun 30, 2005, 12:06 pm
TRIA Scott
Jun 30, 2005, 11:55 am
TRIA J R Koch
Jun 30, 2005, 11:43 am
TRIA Elimination jon
Jun 30, 2005, 11:39 am
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