Congresswoman Nikema Williams at FSC Hearing on the Reauthorization of the Terrorism Risk Insurance Act of 2002
Congresswoman Nikema Williams at FSC Hearing on the Reauthorizati…
8 months ago
house.gov
The Reauthorization of the Terrorism Risk Insurance Act of 2002 (EventID=118613)
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The Reauthorization of the Terrorism Risk Insurance Act of 2…
346 views8 months ago
YouTubeU.S. House Committee on Financial Services
Hearing Entitled: The Reauthorization of the Terrorism Risk Insurance Act of 2002
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Hearing Entitled: The Reauthorization of the Terrorism …
1K views8 months ago
YouTubeGOPFinancialServices
I recently filed an amendment to the Terrorism Risk Insurance Act (TRIA), a post-9/11 measure meant to be a short-term federal backstop, not a permanent guarantee. 1) TRIA was designed to give private insurers time to stabilize and price terrorism risk on their own. Two decades later, it’s become another open-ended federal safety net. 2) As Congress considers reauthorization, we have a duty to steer TRIA back toward its original mission: restoring private market responsibility. 3) My amendment w
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