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- Federal terrorism insurance act blocked - Our solution
Federal terrorism insurance act blocked - Our solution
The U.S. Senate adjourned last night prior to authorizing the extension of the Federal Terrorism Insurance backstop (often known as TRIA/TRIPRA). For those who may be unfamiliar with this legislation, it is the federal legislation that was passed in response to the 9/11 events and provides coverage in the event of another major terrorist event.