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Industry Groups Take Issue with House TRIA Bill Provisions

By Arthur D. Postal

From potential adverse impacts on smaller insurers to concern over a "bifurcated" approach to NBCR, industry groups, while pleased with progress on the TRIA front, have reservations about the expected House bill

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5 Crucial TRIA Questions and Experts' Responses

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Munich Re: $400M on the Line for World Cup Cancellation

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Loss Control Stories

June 12, 2014

Rep. Neugebauer to NU: Transition Terrorism Risk to Where it Belongs -- Private Sector

The Republican leadership of the House Financial Services Committee is proposing a substantive reduction in potential government liability for terrorism attacks in order to have terrorism risk insurance transition to the private sector as soon as possible, a Republican lawmaker tells PC360.

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June 12, 2014

House Committee Unveils TRIA-Extension Bill with 5-Year Term

The Terrorism Risk Insurance Act would be reauthorized in its present form but with much greater industry liability for five years under legislation to be unveiled today by House FSC Republicans, a compromise from an earlier draft calling for a three-year extension.

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June 10, 2014

The Dire Dozen: Top Risks for Insurers in the Next Year

Accenture Briefing reveals the leading concerns for insurance executives in 2014-2015.

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June 09, 2014

Deadly Truck Crash Critically Injures Comedian, Sparks Debate on Commercial Trucking Safety

Comedian Tracy Morgan was critically injured Saturday after the driver of a Walmart tractor-trailer that crashed into a limo bus he was riding in. The driver reportedly fell asleep behind the wheel, causing the deadly six-car pileup on the New Jersey Turnpike.

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June 09, 2014

Target Breach Exposes Challenges of Underwriting Cyber for Business

Cyber insurance is essential for businesses today, but acquiring the appropriate coverage is a challenge.

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June 06, 2014

Wilkens Predicts Below-Average Tropical Season for North Atlantic, Above-Average for Western Pacific

Wilkens Weather Technologies is predicting a below-average tropical storm season for the North Atlantic, echoing the National Oceanic and Atmospheric Administration (NOAA) and Colorado State Universitys similar predictions.

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June 04, 2014

Industry's TRIA Reaction: Praise for the Senate; Concerns About the House

The P&C industry lauded the Senate Banking Committee for reporting out a TRIA extension Tuesday, but caution remains a byword because it is not certain when Congress will ultimately act, and whether final legislation will provide the same federal support as current law.

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Top Loss Control Stories

Industry Groups Take Issue with House TRIA Bill Provisions

5 Crucial TRIA Questions and Experts' Responses

Munich Re: $400M on the Line for World Cup Cancellation

Recommended Just For You

Loss Control Stories

Rep. Neugebauer to NU: Transition Terrorism Risk to Where it Belongs -- Private Sector

House Committee Unveils TRIA-Extension Bill with 5-Year Term

The Dire Dozen: Top Risks for Insurers in the Next Year

Deadly Truck Crash Critically Injures Comedian, Sparks Debate on Commercial Trucking Safety

Target Breach Exposes Challenges of Underwriting Cyber for Business

Wilkens Predicts Below-Average Tropical Season for North Atlantic, Above-Average for Western Pacific

Industry's TRIA Reaction: Praise for the Senate; Concerns About the House