Independent Insurance Agents of Nebraska






From IIAN's Legislative CommitteeDecember 12, 2014

Senate Must Vote For Terrorism Renewal & Agent Licensing Reform Before Leaving Washington


Dear Big "I" Member: 


Renewal of the Terrorism Risk Insurance Act (TRIA) - along with multi-state agent licensing reform (NARAB II)  - IS AT RISK OF NOT BECOMING LAW IF THE SENATE ADJOURNS AND LEAVES TOWN FOR THE YEAR WITHOUT ACTING.

The U.S. House of Representatives OVERWHELMINGLY passed S.2244 yesterday - and it is crucial that the Senate also approve S.2244 without any changes before it adjourns, which could happen any day.  


Please call BOTH Nebraska Senators TODAY and urge them to vote in favor of S.2244, without any changes.    Direct calls are more effective than e-mails or faxes in this situation.  Feel free to send this Action Alert to your co-workers and clients, and ask them to call to express their support!  

Sen. Deb Fischer                      (202) 224-6551                   
Sen. Mike Johanns                   (202) 224-4224



Tell your representative that...

  • As an independent insurance agent and Nebraska resident, you strongly urge the Senator to support swift passage of the House passed version of S.2244 without any changes.
  • This legislation incudes BOTH an extension of the Terrorism Risk Insurance Act as well as creates the National Association of Registered Agents & Brokers to streamline insurance agent licensing (NARAB II).  
  Call Carol McClelland at the IIAN office with questions - 1-800-377-3985.


Thank You!

TRIA Background

The Terrorism Risk Insurance Act (TRIA) was passed on Nov. 26, 2002 in response to the Sept. 11, 2001 attacks and the ensuing inability of the commercial property-casualty insurance market to underwrite the risk associated with such massive and unpredictable acts of violence. Since its inception, the TRIA program has undergone two previous reauthorizations and is currently due to expire on Dec. 31, 2014.

NARAB Background

NARAB would provide voluntary, non-resident insurance agent and broker licensing reform while preserving the rights of states to supervise and discipline agents and brokers. The legislation would apply to marketplace entry only; agents and brokers would also have to adhere to each state's laws and preserves state insurance regulation. The mechanism would be simple: once an agent or broker was licensed in good standing in their home state, they could choose to apply to NARAB for membership in the association for non-resident agent and agency licensing. If that agent/broker met the NARAB membership criteria, they would be permitted to operate in any other state. While the agent/broker would still have to pay fees in each state, NARAB would seamlessly and efficiently reduce the administrative burden on agents and brokers operating in multiple states while also increasing competition for consumers. 

IIAN Special Alerts provide IIAN members information crucial to the survival and health of the independent agency system. If you wish to be removed from our e-mail list, e-mail