On today's solemn anniversary of the 9/11 terrorist attacks, the Insurance Institute for Business & Home Safety (IBHS) joins with citizens across the country in remembering those whose lives were lost, and the sacrifices that were made. Today also reminds us of the importance of being prepared and vigilant in the face of possible future terrorist acts.
“As Americans, we pay our deepest respect today to the brave first responders on 9/11, to the families and communities devastated by the loss of loved ones that day, and to those who have worked diligently to keep our country safe from terrorism since then,” says Julie Rochman, president and CEO of IBHS.
“One of the most important mechanisms put in place as the result of the 9/11 attack to maintain the nation's economic security was the Terrorism Risk Insurance Act of 2002 (TRIA). This law, which has been reauthorized twice, is still a critical tool for businesses and communities against a highly unpredictable risk, and it should be extended before it expires in 2014,” Rochman asserts.
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