Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Claims News Service, Jan.26, 8:53 a.m. EST — The Independent Insurance Agents & Brokers of America (the Big “I”) is supporting a study that will examine long-term federal terrorism insurance. The association is responding to a bipartisan bill recently introduced in the House of Representatives.

Sponsored by Rep. Vito Fossella, the Commission on the Terrorism Risk Insurance Act would create a commission to study and report to Congress by the end of 2006 on whether a long-term federal terrorism backstop is needed when the current backstop expires in 2007. The bill takes the language from the 2005 House-passed version of the TRIA extension that was ushered through the U.S. House of Representatives by Chairmen Mike Oxley (R-Ohio) and Richard Baker (R-La.) at the end of last year.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.