Big "I" Comments on Introduction of Bipartisan Terrorism Insurance Bill
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The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today released the following statement regarding the introduction of a Terrorism Risk Insurance Act (TRIA) reauthorization bill in the U.S. House of Representatives.
"The Big 'I' thanks Reps. Michael Grimm (R-N.Y.) and Carolyn Maloney (D-N.Y.) for focusing attention on the important issue of terrorism insurance," says Charles Symington, Big "I" senior vice president of government affairs. "The current TRIA program has worked well to ensure that this essential coverage is available to policyholders throughout the country. Jump starting the debate on the future of the TRIA program now is especially important with its expiration just around the corner at the end of next year."
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