NU Online News Service
When the Terrorism Risk Insurance Act finally runs out of steam in 2007, prospects for the insurance industry to pick up the slack appear pretty dim, according to executives with the insurance brokerage firm Aon.
In a Web seminar hosted by the Chicago-based firm, Aaron Davis, vice president, property syndication, Aon Risk Services; Tom Fitzgerald, managing director, Aon strategic account management; and Gail Norstrom, managing director, property syndication, Aon Risk Services, were joined by George Stratts, senior vice president with Lexington Insurance Company, a subsidiary of American International Group, to discuss the status and future of TRIA.
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