WASHINGTON, D.C., April 17, 2014 — The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today issued the following response to a report issued by President Barack Obama’s Working Group on the Long-Term Availability and Affordability of Insurance for Terrorism Risk. The comments are by Charles Symington, Big “I” senior vice president for external and government affairs.

 

“We commend the President’s Working Group for their report on the Terrorism Risk Insurance Act (TRIA), and agree with many of their findings. The Big ‘I’ believes that the TRIA program deserves an extension of some form in order to ensure the continued availability of terrorism coverage, and we look forward to working with the House Financial Services Committee and the Senate Banking Committee on their proposals.”