The Treasury Department is asking the public to comment on the long-term availability and affordability of terrorism risk insurance.
The new request for data on behalf of the President's Working Group on Financial Markets is coming as insurance and allied industries are ramping up their efforts to persuade Congress to act promptly on renewal of the existing Terrorism Risk Insurance Act, which expires at the end of next year.
Comments are due by Aug. 2. The Working Group is composed of the top members of most of the federal financial services regulatory agencies.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
