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- TRIA bill offers rallying point; Senate set to start hearings on extending federal terrorism backstop.(News)(Terrorism Risk Insurance Act of 2002)
- Byline: MARK A. HOFMANN WASHINGTON-The recent introduction of legislation that would extend the Terrorism Risk Insurance Act by two years has raised hopes among policyholders that Congress will act on the TRIA extension issue sooner rather than la Byline: MARK A. HOFMANN ...
- Research articles 2005-02-28
- Industry questions findings of TRIA report; Treasury opposes renewal of program without changes.(News)(ine Lloyd Thompson Group PLC)
- Byline: MARK A. HOFMANN WASHINGTON-The U.S. Congress should move swiftly to deal with the terrorism insurance issue in the wake of the Treasury Department's recommendation that the Terrorism Risk Insurance Act not be extended in its present form, Byline: MARK A. HOFMANN...
- Research articles 2005-07-04
- Call for TRIA extension grows louder in Congress; House panels weigh impact of federal backstop.(News)(Terrorism Risk Insurance Act)
- Byline: MARK A. HOFMANN WASHINGTON-Support may be growing in Congress for extending the Terrorism Risk Insurance Act beyond its current Dec. 31, 2005, sunset date. As was evident in last week's joint meeting of the House Financial Services Comm Byline:...
- Research articles 2004-05-03
- Treasury to survey buyers on terror insurance market; Congress to consider poll results in evaluating TRIA.(News)
- Byline: MARK A. HOFMANN WASHINGTON-Risk managers should keep a close eye on the mailbox starting this week. That's because selected risk managers will receive questionnaires from the U.S. Treasury Department concerning the state of the terroris Byline: MARK A. HOFMANN...
- Research articles 2003-11-03
- Terrorism law puts Treasury Dept. into the insurance regulation business. (Capitol Insights).(Terrorism Risk Insurance Act)
- Despite what I think is a sincere desire to leave regulation of insurance to the states, it is hard not to notice that the terrorism insurance bill is forcing the Treasury Department to move closer and closer to developing a type of federal oversight Despite what...
- Research articles 2003-03-31
Additional Resources
- Captives, the Terrorism Risk Insurance Act, and the Market
- The article defines two terms Captive and The Terrorism Risk Insurance Act. The Terrorism Risk insurance Act was critically needed in order to start bringing order and reason to a market which was dazed, confused. Since the insurance industry, pretty much at its own choosing, is regulated on a state-by-state...
- White papers 2003-01-01
- New Interim Guidance Issued By Department Of Treasury On Terrorism Risk Insurance Act
- The articles defines the legislation the Terrorism Risk Insurance Act of 2002. This historic legislation provides a federal backstop for terrorism insurance. The Terrorism Risk Insurance Act provides that under certain circumstances after an insurance company has paid an amount of claims from terrorist events the government. An "act of...
- White papers 2003-02-01
- An Overview of the Terrorism Risk Insurance Act of 2002
- On November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of 2002 (the "Act"). The Act, which takes immediate effect, serves as a financial backstop, enabling commercial insurers to provide affordable terrorism coverage to policyholders. The Act renders all existing policy terrorism exclusions null and void,...
- White papers 2003-01-01
- Terrorism insurance.(Treasury Department's survey to evaluate effectiveness of 2002 Terrorism Risk Insurance Act)(Brief Article)
- TERRORISM INSURANCE. Select insurers and policyholders have begun receiving questionnaires from the Treasury Department as it conducts the second wave of its survey of the terrorism risk insurance market and the effectiveness of the 2002 Terrorism Risk Insurance Act TRIA. The answers provided by participants, who...
- Research articles 2004-10-19
- Insurers, buyers brace for TRIA decision; fate of federal terrorism program may hinge on Treasury Dept. report due June 30.(WHITE HOUSE MUM)(Terrorism Risk Insurance Act )
- PROPERTY-CASUALTY INSURERS and commercial insurance buyers are finalizing battle plans to push for extension of the Terrorism Risk Insurance Act as the Bush administration prepares to release a report that will play a key role in determining the fate PROPERTY-CASUALTY INSURERS and commercial insurance buyers are...
- Research articles 2005-06-20
- New Statutory Disclosure and Mandatory Availability Requirements - Terrorism Risk Insurance Act of 2002
- The article explains about the notice provides interim guidance to insurers concerning certain statutory disclosure and mandatory availability requirements contained in the Terrorism Risk Insurance Act of 2002. In addition, this notice provides interim guidance to insurers concerning the types of commercial property and casualty insurance covered by the Act...
- White papers 2002-12-03
- Terrorism Risk Insurance Program - Interim Final Rule
- The Department of the Treasury Treasury is issuing this interim final rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act. That Act established a temporary Terrorism Risk Insurance Program Program under which the Federal Government will share the risk of insured...
- White papers 2003-01-01
- Terrorism Risk Insurance Program-RIN RIN 1505-AA981505-AA98
- The Department of the Treasury Treasury is issuing this interim final rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act.The Act's purposes are to address market disruptions, ensure the continued widespread availability and affordability of commercial property and casualty insurance for...
- White papers 2003-04-15
- Terrorism Risk Insurance Program - Notice Of Proposed Rulemaking
- The Department of the Treasury Treasury is issuing this proposed rule as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002. That Act established a temporary Terrorism Risk Insurance Program Program under which the Federal Government will share the risk of insured loss from...
- White papers 2003-01-01
- Terrorism Risk Insurance Program - Final Rule
- The Department of the Treasury Treasury is issuing this rule in final form as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act. That Act established a temporary Terrorism Risk Insurance Program Program under which the Federal Government will share the risk...
- White papers 2003-01-01
- Terrorism Risk Insurance Program - Part 1
- The Department of the Treasury Treasury is issuing this final rule concerning disclosures and mandatory availability requirements as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 Act. The final rule incorporates and clarifies conditions for federal payment, set forth in section 103b of...
- White papers 2003-01-01
- DeLay Commends Treasury Dept. on TRIA Report; House Will Review Treasury's Recommendations
- WASHINGTON, June 30 /U.S. Newswire/ -- House Majority Leader Tom DeLay (R-Texas) today commended the Treasury Department for completing its review of the Terrorism Risk Insurance Act TRIA and submitting its recommendation that TRIA not be extended in itWASHINGTON, June 30 /U.S. Newswire/ -- House Majority Leader Tom DeLay (R-Texas)...
- Research articles 2005-06-30
- Policyholders Reject Treasury Study as Flawed; CIAT Calls for Congress to Act
- WASHINGTON -- The Coalition to Insure Against Terrorism CIAT has issued this statement by spokesperson Martin L. DePoy, vice president for government relations at the National Association of Real Estate Investment TrustsR NAREIT, reacting to the U.S. Department of Treasury's assessment of the Terrorism Risk Insurance Act of 2002 TRIA...
- Research articles 2005-06-30
- Study calls for broadening U.S. terror coverage; RAND report cites TRIA gaps.(News)(Terrorism Risk Insurance Act )
- Byline: ROBERTO CENICEROS While policyholders and insurers await a key U.S. Treasury Department report on long-term proposals for terrorism insurance, a study released last week maintains that merely extending the availability of the current cover Byline: ROBERTO CENICEROS While policyholders...
- Research articles 2005-06-27
- The Fall And Rise Of Terrorism Insurance Coverage Since September 11, 2001
- In the absence of a terrorist attack, it is difficult to gauge TRIA's impact. As Part IV in the article indicates, many issues related to TRIA have yet to be resolved. Over the coming months, the Treasury Department will likely address these issues and attempt to clarify them. Some issues...
- White papers 2003-01-01
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