Congressman David Scott praises passage of Terrorism Risk Insurance Revision and Extension Act
H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA) by a vote of 312-110. The legislation will extend the Terrorism Risk Insurance Act (TRIA) for fifteen years and help spur the further development of a private market for terrorism risk insurance. "After the 9/11 terrorist attacks, many insurance companies excluded terrorism events from their…