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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