Insurance industry news Lawsuit

Insurance industry wins a victory with the renewal of the Terrorism Risk Insurance Act

House and Senate vote to renew the Terrorism Risk Insurance Act Both the U.S. House of Representatives and Senate have approved the renewal of the…

terrorism insurance law

Terrorism insurance in the United States may not be gone forever

Terrorism insurance legislation may see new life, thanks to federal lawmakers At the end of 2014, the Terrorism Risk Insurance Act was allowed to expire.…

Terrorism Risk Insurance industry

Expiration of Terrorism Risk Insurance Act could bode ill for the insurance industry

Federal backstop will no longer be available for insurers and businesses The Terrorism Risk Insurance Act is set to expire at the end of the…

terrorism insurance law

US House votes to extend terrorism insurance law

Insurers may benefit from extension of terrorism insurance initiative The U.S. House of Representatives has voted to extend the Terrorism Risk Insurance Act by another…

terrorism insurance law

Lawmakers may extend federal terrorism insurance initiative

U.S. lawmakers are expected to extend the Terrorism Risk Insurance Act Federal lawmakers in the U.S. claim that the country’s terrorism insurance backstop initiative will…

terrorism insurance industry news 9/11 Memorial in 2004

Terrorism insurance reinforcements will soon be expiring

Two competing renewal bills for the Act will soon be redefining the level of federal support for private insurers. As a result of a rash…

terrorism insurance law

Terrorism insurance act may receive an extension in the US

Senate panel unanimously approves extension of Terrorism Risk Insurance Act A U.S. Senate panel has approved the extension of the federal terrorism insurance initiative. The…