Law Firm Posts TRIA Extension Analysis

A national law firm has released an analysis of new regulatory guidance implementing the Terrorism Risk Insurance Extension Act and a comparison of the old federal backstop with its scaled-down replacement. Insurance attorneys with Morris, Manning & Martin LLP, a nationally recognized law firm, have released a client advisory on the U.S. Treasury Department's "Interim Guidance" on the new law, which took effect Jan. 1. The advisory examines issues of concern to the insurance industry such as: * Circumstances under which insurers must make a renewed offer of terrorism insurance cove...