Senior House Republicans Call for GAO Report on TRIA

Two senior Republican House members are asking the Government Accountability Office to expeditiously prepare a report on the Terrorism Risk Insurance Act, and the potential impacts of reauthorization versus non-reauthorization.

By Arthur D. Postal | Updated on March 18, 2014

Two senior Republican House members are asking the Government Accountability Office to expeditiously prepare a report on the Terrorism Risk Insurance Act, and the potential impacts of reauthorization versus non-reauthorization.

Meanwhile, Standard & Poor’s said yesterday it is “cautiously optimistic” that Congress will ultimately renew the Terrorism Risk Insurance Act, but the ratings agency acknowledged “there is the possibility” that reauthorization could be delayed until early 2015.

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