House passes measure to extend, broaden TRIA

12/13/2007 | ·

The House voted Wednesday to approve a bill that would extend the Terrorism Risk Insurance Act program for seven years. The House version of the bill is broader than the Senate version and would widen the existing TRIA program to include group life insurance and lower the damages trigger level at which TRIA funds could be tapped. The Senate and the White House have signaled that they will not accept the House version of the bill.

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