New York State lawmakers voted today to approve a resolutioncalling for Congress to extend the Terrorism Risk InsuranceAct.
The state Senate voted in favor of the measure, legislativeresolution 2563, which was introduced by Senate Insurance CommitteeChairman James Seward, a Republican representing several upstatecounties.
The resolution says that, "Failure by Congress to extend TRIAwould likely result in the inability of insurers to offer coveragefor future catastrophes resulting from terrorism.
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