The NAIC applauds the House for passing a long-term reauthorization of the Terrorism Risk Insurance Program (TRIA) prior to next year’s expiration. State insurance regulators support this extension to ensure a sustained and stable terrorism risk insurance marketplace that provides American businesses with the essential coverage needed to successfully operate in today’s uncertain global environment. The NAIC urges Senate action on this critical reauthorization legislation.
Read the NAIC's letter supporting H.R. 4634.