Financial Services Industry
Industry: Email Alert RSS FeedWill TRIA extension vote go to the wire? Three experts think Congress won't act until 11th hour, putting policyholders at risk.(WCEC Conference Report)(Terrorism Risk Insurance Act)
National Underwriter Property & Casualty-Risk & Benefits Management, September, 2004 by Hays, Daniel
CONGRESS WILL PROBABLY WAIT until the Terrorism Risk Insurance Act is very close to its Dec. 31, 2005 expiration date before it extends the measure, a trio of workers' compensation experts predict. Robert P. Hartwig, senior vice president and chief economist for the Insurance Information Institute in New York, Jennifer Tomilin, CNA's vice president and chief underwriting officer for workers' comp, and Timothy P.
Brady, a Marsh managing director, agreed in asserting that they believe extension would come in the 11th hour next year. The three addressed the threat of terrorism during a recent panel discussion in Orlando arranged by The National Underwriter Company, parent of this magazine, as part of a national trends track put on by NUCO at the Workers'...
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