The statutory creation of the National Association of Registered Agents and Brokers (NARAB) was included in the 2015 law reauthorizing the terrorism risk insurance program (the Terrorism Risk Insurance Program Reauthorization Act of 2015, which became P.L. 114-1). (More recently, you may remember that the terrorism risk insurance program was reauthorized again in December of …
Tag: Terrorism Risk Insurance Program/TRIA
Member Spotlight: Rep. Steve Stivers (R-OH)
Steve Stivers was elected to the United States House of Representatives in 2010 to represent Ohio’s 15th Congressional District. Before being elected to Congress, Rep. Stivers served in the Ohio state Senate and worked in the private sector promoting economic development and encouraging job creation. Rep. Stivers has also served over 30 years in the …
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Senate Passes Cadillac Tax Repeal and Flood, TRIA Extensions
Two days after the House passed a government funding package (H.R. 1865), the Senate followed by a vote of 71-23. The measure includes three of PIA National’s top policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020; the permanent repeal of the Cadillac Tax; and an extension of the terrorism …
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House Passes Federal Funding Package with PIA Priorities
In a major victory for PIA National’s advocacy efforts, the U.S. House voted 297-120 to pass H.R. 1865, part of the federal government funding package that includes three of PIA National’s most important policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020; the permanent repeal of the Cadillac Tax; …
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Several PIA Priorities Included in Year-End Funding Package
This week, Congress will consider a federal government funding package that includes three of PIA National’s most important policy priorities: an extension of the National Flood Insurance Program (NFIP) until September 30, 2020, the permanent repeal of the Cadillac Tax, and an extension of the terrorism risk insurance program (referred to as TRIA) through the …
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TRIA Reauthorization Passed by Senate Banking Committee
On November 20, the U.S. Senate Banking, Housing and Urban Affairs Committee passed legislation to reauthorize the current iteration of the Terrorism Risk Insurance Act (TRIA) for seven (7) years unanimously by voice vote. This action comes two days after the U.S. House passed a companion TRIA reauthorization bill. PIA National issued a press release …
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House Passes TRIA Bill; Senate Committee to Consider This Week
PIA-supported legislation to reauthorize the Terrorism Risk Insurance Program, part of the Terrorism Risk Insurance Act (TRIA), passed the U.S. House on the evening of November 18 in a bipartisan vote of 385-22. The bill, H.R. 4634, extends authorization of the TRIA program for seven years while only making minimal changes to it, a key …
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Terrorism Risk Insurance Bill Passes House Committee
PIA National supports H.R. 4634, which passed the House Financial Services Committee today in a bipartisan vote of 57-0. The bill would extend the Terrorism Risk Insurance Program (TRIP) for seven years with minimal changes to the program. TRIP expires at the end of next year on December 31, 2020. PIA National has been advocating …
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PIA Supports Terrorism Risk Insurance Program Renewal
This week, PIA National submitted testimony for a joint hearing in the House Financial Services Committee subcommittees on Housing, Community Development and Insurance and National Security, International Development, and Monetary Policy on the reauthorization of the Terrorism Risk Insurance Program (TRIP). This hearing on the reauthorization of TRIP follows one held in the Senate Banking, Housing …
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Terrorism Risk Insurance Program Reauthorization Process Begun in Senate Banking
Yesterday, Tuesday, June 18th, the Senate Banking, Housing and Urban Affairs Committee held a hearing, for which PIA National submitted testimony, on the reauthorization of the Terrorism Risk Insurance Program (TRIP). This hearing kicked off the reauthorization discussion for the TRIP, which is currently set to expire on December 31, 2020. PIA National has supported …
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