Insurers Look For TRIA Coverage In Wake Of London Bombings

In the wake of the terrorist bombings in London, life insurers say they are as vulnerable to the fallout from a terrorist attack as property-casualty insurers and want inclusion in extension of the Terrorism Risk Insurance Act.

The American Council of Life Insurers in Washington, responding to the terrorist events in an expression of condolence, reiterated a statement issued by Frank Keating, ACLI president, in support of inclusion of group life insurance in an extension of TRIA, which is due to expire on Dec. 31.

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