Government Spending Bill Includes Flood, TRIA Renewals and Obamacare Taxes Repeal December 17, 2019 By Erik Wasson and Laura Davison Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the...
Industry Applauds House Panel Backing of Terrorism Reinsurance Renewal October 31, 2019 By Andrew G. Simpson Insurance carriers and agents are applauding a House committee vote advancing a bipartisan measure to renew the federal terrorism reinsurance...
What Might Happen If Congress Fails to Renew Terrorism Reinsurance Program May 22, 2019 The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing...
Marsh: Industry Must Adapt to Meet Changing Terrorist Threats July 5, 2016 The federal terrorism reinsurance program in 2015 has helped maintain certainty and stability for the U.S. market even as the...
ISO to Collect Terrorism Insurance Data for Treasury March 28, 2016 The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S....
New York Regulator Surveying Insurers on TRIA Risk December 31, 2014 New York’s Financial Services Superintendent Benjamin Lawsky has directed insurers that are licensed to write commercial property or liability business...
Conn. Regulator: TRIA Renewal Must Be a Top Priority for New Congress December 30, 2014 Connecticut’s deputy insurance commissioner sent a letter to the state’s Congressional delegates last week, asking that the delegation impress upon...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos December 18, 2014 By Mark Hollmer Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014....
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...