Senate fails to renew TRIA

The United States Senate has failed to renew the Terrorism Risk Insurance Act (TRIA) before its expiration on December 31, 2014. 

I offered my suggestions for amendments to TRIA here. 

Here's a sampling of articles on the effect of the failure to renew TRIA: 

Insurance Journal

Insurance Thought Leadership

Property Casualty 360

National Review Online

Comprehensive article on terrorism insurance

I posted here my thoughts on how the Terrorism Risk Insurance Act (TRIA) should be amended rather than simply readopted as is next year. 

The Insurance Information Institute has a comprehensive article on the past, present, and proposed future of TRIA here.