TRIAs Fate In Jeopardy As Expiration Looms Senate set to begin debate over extension on March 3; conflicting reports released

Washington

As the clock clicks loudly in the background for insurers, a hearing on whether the Terrorism Risk Insurance Act should be extended beyond its scheduled Dec. 31 expiration will be held March 3 by the U.S. Senate Banking Committee, with conflicting reports about the programs merits already stirring controversy.

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