The insurance industry is being asked to give members of the House Financial Services Committee an update next week on how the industry is responding in the aftermath of Hurricane Katrina.
At the same time, the committee's action on extension of the Terrorism Risk Insurance Act--the industry's top legislative priority this fall--has been delayed because of the sudden congressional shift of priorities to aid victims of Katrina.
Insurance trade group officials have been alerted to have a witness available for a hearing, likely to be held next Wednesday afternoon, several industry lobbyists said. The meeting will follow a morning session where banking industry officials will update members of the committee's Subcommittee on Financial Institutions and Consumer Credit.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
