Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry "skin in the game" as their price for reauthorizing the Terrorism Risk Insurance Act.
Members of the majority made their views clear despite concerns unanimously voiced by the industry that the current program is working and should be reauthorized.
A number of members of the committee voiced support for the program, and one, a Republican from Florida, said reauthorization should be linked to help for the troubled National Flood Insurance Program as well as expansion to help states deal with catastrophic risk, a key Florida issue.
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