Property/casualty insurers will bear the cost if changes to the Terrorism Risk Insurance Act (TRIA) of 2002 proposed by the Treasury department become law, a new report says.
The study “Global Risk Alert –TRIA in Jeopardy” by the National Property Brokerage of Aon says the changes will fundamentally alter the program, which was passed in the wake of 9/11 and was temporarily extended by amendment in 2005 and 2007.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access