TRIA not a long-term solution claims panel
The recent move by Congress to extend the Terrorism Risk Insurance Act (TRIA) did not provide the industry with the long-term solution it needs, according to an assessment of experts participating in a recent webinar sponsored by the Insurance Leadership Institute of GE Insurance Solutions.
"The problem with the TRIA extension is that it further dilutes the protections provided by the original act," said Kim Prather, Underwriting Risk Leader for Commercial Insurance, GE Insurance
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