A new House bill would add group life to the terrorism risk insurance program, extend the program for 10 years, and prohibit most use of travel destination information in underwriting.
Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, and Rep. Michael Capuano, D-Mass., have introduced the bill, H.R. 2761, which would create the Terrorism Risk Insurance Revision and Extension Act of 2007.
The current TRIA law is set to expire at the end of the year.
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