The property-casualty insurance industry will focus on retainingas much of the current Terrorism Risk Insurance Act as it can thisCongressional term.
Congress, scheduled to return from recess next week, convenedfor a special session to deal with legislation appropriatingemergency funds for Hurricane Katrina relief.
Even though dealing with the aftermath of Hurricane Katrina isseen as changing the Congressional agenda substantively, theindustry has decided to keep an eye on the narrow goal of extendingTRIA because the current law expires Dec. 31, industry officialssaid.
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