NAIC Urged To Formalize Support For TRIA Extension

NU Online News Service, March 15, 3:26 p.m. EST?The National Association of Insurance Commissioners meeting in New York heard insurance trade organizations urge it to formally support an extension of the Terrorism Risk Insurance Act.[@@]

"You only need to look to the events of the Madrid bombings to recognize the ongoing threat of terrorism," said Doug Canter, legal counsel at the Washington, D.C.-based Council of Insurance Agents & Brokers.

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