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Claims News Service, Jan. 11, 11:57 a.m. EST- A survey conducted by the Insurance Information Institute at its 11th annual Property/Casualty Insurance Joint Industry Forum revealed the opinions and expectations of insurance industry leaders on many topics, including the Terrorism Risk and Insurance Act, wind vs. water litigation, and the industry’s financial outlook.

According to I.I.I., 89 percent of respondents believe that Congress will move quickly to continue TRIA for a significant period. Respondents also expressed their belief that insurers will see a victory in wind vs. water suits. Eighty-one percent are convinced that litigation will be resolved in favor of the insurance industry.

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