As the President’s working group (PWG) continues to create a statutory report on financial markets, the American Insurance Association (AIA) filed its comments on the state of the terrorism risk insurance (TRIA) market, emphasizing that TRIA’s public-private partnership remains necessary to provide stability and prevent economic disruption.
The PWG is required to perform an ongoing analysis and submit a statutory report to Congress on the long-term availability and affordability of insurance for terrorism risk.
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