APCIA urges the Senate to finalise TRIA this year


The American Property Casualty Insurance Association (APCIA), the primary US trade association for home, auto, and business insurers, has applauded the Senate Banking Committee for passing legislation to extend the Terrorism Risk Insurance Program for seven years. The reauthorisation of the Terrorism Risk Insurance Act of (TRIA) ensures a continuation of the federal "backstop" for insurance claims related to acts of terrorism.

APCIA, TRIA, Insurance, Reinsurance, P&C, Nat Wienecke, North America

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