MEDIA ADVISORY: I.I.I.'s Dr. Robert Hartwig testifying before U.S. Senate Banking Committee on Future of Terrorism Risk Insurance Act (TRIA) Program

New York Press Office: (212) 346-5500; media@iii.org

 

NEW YORK, September 25, 2013 — Dr. Robert Hartwig, president of the Insurance Information Institute (I.I.I.) and an economist, is testifying today at a U.S. Senate Banking committee public hearing on Reauthorizing TRIA: The State of the Terrorism Risk Insurance Market.

The U.S. Senate’s committee on Banking, Housing, and Urban Affairs convened this morning, September 25, 2013, at 10 a.m., in 538 Dirksen Senate Office Building, Washington, D.C.

 

Enacted in November 2002, the federal Terrorism Risk Insurance Act (TRIA) established a risk-sharing structure that allows the federal government and the insurance industry to share losses in the event of a major terrorist attack. TRIA’s successor, the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2007, expires at the end of 2014.

 

Reporters wishing to arrange an interview with Dr. Hartwig about terrorism and insurance should contact Michael Barry, vice president, Media Relations at the I.I.I. at either 212-346-5542 or michaelb@iii.org. 

 

Additional I.I.I. resources on this topic:

 

 

 

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