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GAO: Insurers Still Exclude Terrorist Attack Coverage
(12/23/2008)
Property and casualty insurers generally still seek to exclude coverage for damage from attacks involving nuclear, biological, chemical, or radiological weapons (NBCR), according to a new report released by the Government Accountability Office... Full Story
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GAO Study Finds Terror Cover Tough For Some
(8/12/2008)
Although most commercial policyholders can readily find terrorism insurance, owners of large, high-value properties in areas viewed as “high risk” of a terrorist attack still experienced trouble finding “reasonably-priced” premiums in the past few years, according to a study recently released by the United States Government Accountability Office (GAO)... Full Story
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Some Small Towns Buying Terrorism Insurance
(6/10/2008)
Many small rural and suburban towns in the U.S. are protecting their police stations and water towers with terrorism insurance, although officials say there is little risk of such attacks... Full Story
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S&P: TRIA Renewal Provides Commercial Lines Stability
(1/22/2008)
The renewal of the Terrorism Risk Insurance Act (TRIA) will provide a measure of stability going forward in the commercial lines market, according to the rating service Standard & Poor’s... Full Story
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TRIA Extension is Signed by President Bush
(1/4/2008)
With only five days left before the Terrorism Risk Insurance Act was set to expire on Dec. 31, 2007, President Bush signed into law legislation that reauthorizes the federal backstop for seven years... Full Story
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House to Consider TRIA Extension Bill This Week
(12/11/2007)
The House is set to consider this week a bill to extend the Terrorism Risk Insurance Act (TRIA)... Full Story
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Congress Returns for Pre-Holidays Session With TRIA On the Agenda
(12/4/2007)
Members of Congress are back in town this week following their Thanksgiving recess. They’re facing a crowded agenda. One of the items awaiting final action is forging an agreement on final legislation extending the Terrorism Risk Insurance Act (TRIA)... Full Story
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Senate Passes Seven-Year TRIA Extension Bill
(11/20/2007)
Hours before adjourning for a week-long Thanksgiving recess, the Senate passed by unanimous consent a bill extending the Terrorism Risk Insurance Act (TRIA) for seven years... Full Story
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