The Self-Insurance Institute of America, which favors extension of the Terrorism Risk Insurance Act set to expire at year's end, said the House Financial Services Committee won't likely consider TRIA's extension until March at the earliest.Committee Chairman Job Hensarling (R-Texas) is expected to favor a shortened reauthorization, despite industry leaders' calls for a longer one, said SIIA. Since there is no companion bill in the Senate, SIIA said, the House must act on the extension before the Senate can consider it.Joint hearings held last year by the U.S. House of Represent...
Comments