Dec. 31 expiration looms as Democrats, Republicans battle over backstop's extensionWashingtonDemocrats and Republicans in Congress were at odds last week over the appropriate way ...

WashingtonThe battle in Congress over extension of the Terrorism Risk Insurance Act and preoccupation with a controversial Supreme Court confirmation will likely delay introduction ...

While some narrowing of the current government backstop on terror coverage remains possible, it now looks more likely that TRIA will be renewed in ...

A Bush administration recommendation that insurers should bear more risk if the federal backstop provided by the Terrorism Risk Insurance Act is renewed is ...

Administration opposes extension in current form; calls for threshold hike to $500MThe Treasury Department issued a report giving limited support for extension of a ...

IIABA, financial services coalition trade barbs over optional federal charterWashingtonA rift erupted last week between two powerful insurance groups over how best to modernize ...

WashingtonThe American Insurance Association has named Marc Racicot, who headed the Bush-Cheney re-election campaign, as its new president. He succeeds Robert Vagley, who headed ...

Fate of federal terrorism program may hinge on Treasury report due June 30WASHINGTONProperty-casualty insurers and commercial insurance buyers are finalizing battle plans to push ...