Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop September 17, 2025 By Chad Hemenway Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in...
President Obama Signs TRIA Renewal Bill Into Law January 13, 2015 President Barack Obama signed into law on Monday a bill that renews for six years a terrorism risk insurance program...
Senate Passes TRIA; Bill Goes to President Obama’s Desk January 8, 2015 Today the U.S. Senate followed the House and voted overwhelmingly to reauthorize the federal terrorism reinsurance program that had been...
Senator Criticizes ‘Unclean’ Terrorism Insurance Bill Passed by House December 12, 2014 By Emily Stephenson Democratic U.S. Senator Charles Schumer on Thursday called for the U.S. House of Representatives to extend a federal terrorism insurance...
House Passes TRIA Renewal With Higher Government Trigger, Insurers’ Co-Pay December 10, 2014 By Cheyenne Hopkins The U.S. House voted Dec. 10 to extend by six years a federal backstop for insurers offering coverage against terrorism,...
House Releases Terrorism Insurance Bill But Senate Uncertain December 9, 2014 By Cheyenne Hopkins House leaders released a proposed six-year extension of a federal program to insure property against the risk of terrorism, including...
Congress Said Close to Deal to Renew Terrorism Insurance December 4, 2014 By Cheyenne Hopkins and James Rowley Lawmakers are close to extending a federal program that covers a portion of corporations’ losses from acts of terrorism, according...
House Committee Approves TRIA Renewal Bill with NARAB Amendment June 20, 2014 By Andrew G. Simpson The House Financial Services Committee today voted to report out a bill to extend the federal terrorism insurance program for...
Senate Committee Advances Terrorism Insurance Renewal June 3, 2014 By Cheyenne Hopkins The U.S. Senate Banking Committee approved a legislation that would extend for seven years the government’s financial backstop of terrorism...
Professional Sports Teams Looking for Terrorism Insurance Win in Congress June 2, 2014 By Kathleen Hunter Renewal of a U.S. terrorism insurance plan is gaining momentum in Congress, thanks to some big-league backing from a coalition...