NU Online News Service
When the Terrorism Risk Insurance Act finally runs out of steamin 2007, prospects for the insurance industry to pick up the slackappear pretty dim, according to executives with the insurancebrokerage firm Aon.
In a Web seminar hosted by the Chicago-based firm, Aaron Davis,vice president, property syndication, Aon Risk Services; TomFitzgerald, managing director, Aon strategic account management;and Gail Norstrom, managing director, property syndication, AonRisk Services, were joined by George Stratts, senior vice presidentwith Lexington Insurance Company, a subsidiary of AmericanInternational Group, to discuss the status and future of TRIA.
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