Clash In Congress Leaves TRIA’s Future At Risk

National Underwriter P&C
Washington
By Matt Brady and Arthur D. Postal

"As Democrats, Republicans battle over whether to extend terrorism insurance backstop, industry leaders lobby for more permanent solution"

"Democrats and Republicans in Congress were at odds last week over the appropriate way to provide an ongoing federal backup to terrorism insurers—or whether to offer such coverage at all—raising concerns that the current program may expire Dec. 31 with no transition to an acceptable private market..."