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Uniformity of taxation of the surplus lines market remains the key regulatory and legislative goal of the National Association of Surplus Lines Offices Ltd. (NAPSLO), according to NAPSLOs Legislative Committee.

The current version of the Terrorism Risk Insurance Act sunsets Dec. 31, but Congress isn't moving to renew it yet.

The current version of the Terrorism Risk Insurance Act sunsets Dec. 31, but Congress isn't moving to renew it yet.

More than 400 trade groups sent a letter late Monday urging the House to move swiftly in passing legislation that would reauthorize the federal backstop for terrorism risk insurance.

September usually marks the start of a very productive period as people return from summer vacation, schools are back in session, and businesses operate without interruption.

As Congress prepares to return to work Sept. 8 for an abbreviated session, a priority for the insurance industry will be ensuring that legislators keep on their radar enactment of a bill aimed at streamlining agent and broker licensing.

As Congress prepares to return to work Sept. 8 for an abbreviated session, a priority for the insurance industry will be ensuring that legislators keep on their radar enactment of a bill aimed at streamlining agent and broker licensing.

In the parlance that weather-guessers would use in describing the situation, the outlook for long-term reauthorization of a federal backstop for terrorism risk insurance in its present form is cloudy, and that is being optimistic.