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144 Resources for

terrorism risk insurance act

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Senate weighs in on TRIA
The U.S. House of Representatives showed overwhelming support for expansion of the Terrorism Risk Insurance Act TRIA, passing a bill to extend the legislation 15 more years. Now it lies in the hands of the Senate and they're looking for a less-extensive solution.
Tags: Terrorism Risk Insurance Act, U.S. Senate
Research articles 2007-10-24
Is TRIA doomed?(A View From The Press Box)(Terrorism Risk Insurance Act of 2002)
EXTENDING THE TERRORISM RISK Insurance Act seems like a no-brainer, but this wouldn't be the first time members of Congress would be guilty of not using their heads when they vote. What is the alternative? Dumping an unpredictable risk into the la EXTENDING...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2005-01-24
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 ...
Tags: terrorism, Terrorism Risk Insurance Act, Treasury, U.S. Senate
Research articles 2005-02-28
Congress does the right thing in extending TRIA
RIGHT IN TIME for the holidays, Congress voted to extend the Terrorism Risk Insurance Act for another two years and sent the bill (S. 467) to the president for his expected signature. For months, the House and Senate had backed substantially different verRIGHT IN TIME for the holidays, Congress voted...
Tags: Terrorism Risk Insurance Act, U.S. Congress
Research articles 2006-01-01
White House mum on TRIA.(Senate Hearing Postponed)(Terrorism Risk Insurance Act)
The White House sent a chill through the insurance industry last week when its designated2 representative declined to tip the Bush Administration's hand on the fate of the Terrorism Risk Insurance Act--which expires Dec. 31--despite advance notice th The White House sent a chill through the...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Senate, White House
Research articles 2005-03-07
House panel sets vote for TRIA extension bill; Prospects in Senate uncertain.(News)
Byline: MARK A. HOFMANN WASHINGTON-The House Financial Services Committee next week will mark up legislation that would extend the Terrorism Risk Insurance Act for two years, boosting hopes that the law will be reauthorized this year. TRIA's re Byline: MARK...
Tags: insurance company, terrorism, Terrorism Risk Insurance Act, U.S. Senate
Research articles 2004-09-20
RIMS pushes for TRIA extension in Congress: risk managers see federal insurance backstop as vital for stability of terrorism cover.(Buyers On Board)(Risk and Insurance Management Society)(Terrorism Risk Insurance Act)
THE RISK AND INSURANCE Management Society affirmed its support for legislation extending the Terrorism Risk Insurance Act by an additional two years to avoid market disruptions like those that occurred after Sept. 11, 2001. Janice Ochenkowski, vic THE RISK AND INSURANCE Management Society...
Tags: board, insurance, Risk Manager, terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2005-03-07
Wait 'til next year on TRIA: extension likely to be delayed to mid-year '05.(Washington Report)(Terrorism Risk Insurance Act)
WITH CONGRESS UNLIKELY TO extend the Terrorism Risk Insurance Act until the middle of next year, industry representatives are advising members to dust off ISO terror exclusions for policies issued after Jan. 1. Congress' unwillingness to act befor WITH CONGRESS UNLIKELY TO extend...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2004-10-18
Calls for TRIA extension growing louder in Senate; But bill, introduced in July, still awaits markup.(News)(Terrorism Risk Insurance Act of 2002)
Byline: MARK A. HOFMANN WASHINGTON-Senate interest in extending the government's terrorism insurance program may be on the upswing. Nearly every member of the Senate Banking, Housing and Urban Affairs Committee who participated in a hearing last Byline: MARK A. HOFMANN ...
Tags: insurance, terrorism, Terrorism Risk Insurance Act, U.S. Senate
Research articles 2004-09-27
TRIA's end will lead to `major changes'.(Industry News)(Terrorism Risk Insurance Act)(Brief Article)
NEW YORK-Failure to extend the federal Terrorism Risk Insurance Act beyond its scheduled sunset on Dec. 31, 2005 is already prompting changes in some sectors of the U.S. insurance industry, and the failure to extend the measure could have a significa NEW YORK-Failure to extend the...
Tags: Terrorism Risk Insurance Act, S&P, terrorism, insurance company
Research articles 2005-02-01
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)...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Department of Treasury
Research articles 2005-06-30
Insurers fail to win TRIA extension.(Washington Roundup)(Terrorism Risk Insurance Act of 2002)
WHILE ACTION IN THE HOUSE to extend the Terrorism Risk Insurance Act was possible as this edition went to press, opposition in the Senate remains a roadblock, killing any hope of sending a TRIA bill to President George W. Bush before Congress adjourn WHILE ACTION IN...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2004-10-11
Bill to extend TRIA backstop unveiled in House.(News)(Terrorism Risk Insurance Act )
Byline: MARK A. HOFMANN WASHINGTON-Risk managers and insurers hope Congress moves swiftly to pass legislation, introduced last week, that would extend the Terrorism Risk Insurance Act through the end of 2007. TRIA, which created a federal backst Byline: MARK A. HOFMANN...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2004-06-28
TRIA bills' introduction renews hope; Backers hail actions of House, Senate.(News)(Terrorism Risk Insurance Act)
Byline: MARK A. HOFMANN WASHINGTON-Supporters of extending the Terrorism Risk Insurance Act by two years say they have renewed hopes, now that extension bills have been introduced in both chambers of Congress. House Democrats' introduction last Byline: MARK A. HOFMANN...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress, U.S. Senate
Research articles 2005-03-14
Congress debates extending TRIA.(Capitol Beat)
In November 2002, the federal government enacted the Terrorism Risk Insurance Act creating a temporary federal reinsurance program to limit insurance companies' risks of financial loss from terrorist attacks and to increase the availability of terror In November 2002, the federal government enacted the Terrorism Risk...
Tags: terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2005-03-01
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...
Tags: administration, terrorism, Terrorism Risk Insurance Act, White House
Research articles 2005-06-20
The Hartford takes to the road on TRIA mission.(Feature)(Hartford Financial Services Group Inc)(Terrorism Risk Insurance Act)(Brief Article)
Seeking to draw attention to the need to extend the federal Terrorism Risk Insurance Act, Ramani Ayer, chairman and chief executive officer of the Hartford Financial Services Group Inc., and a group of executives left the company's Hartford, Conn. he Seeking to draw attention to the...
Tags: Hartford Financial Services Group Inc., terrorism, Terrorism Risk Insurance Act
Research articles 2005-06-01
TRIA supporters hopeful backstop will be extended.(News)(Terrorism Risk Insurance Act)
Byline: MARK A. HOFMANN WASHINGTON-The combination of elevated terrorism alerts and continuing examination of the 9/11 Commission's findings could help spur Congress to reauthorize the Terrorism Risk Insurance Act this year, supporters of an exten Byline: MARK A. HOFMANN WASHINGTON-The...
Tags: 9/11 commission, terrorism, Terrorism Risk Insurance Act, U.S. Congress
Research articles 2004-08-23
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...
Tags: Terrorism Risk Insurance Act, terrorism, terrorism insurance, Treasury, U.S. Congress, insurance
Research articles 2005-07-04
Just-in-time extension for terror coverage backstop.(Spotlight: Year in Review--Risk Management)
Byline: Mark A. Hofmann A report delivered at the last possible minute helped assure that the fate of the federal reinsurance backstop created by the Terrorism Risk Insurance Act wouldn't be determined until the last possible minute, either. Th Byline:...
Tags: JIT, risk management, terrorism, Terrorism Risk Insurance Act, U.S. Senate
Research articles 2006-01-02
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