Rep. Michael Grimm (R-NY), & Rep. Randy Neugebauer (R-TX) to Keynote National Journal's "TRIA Triage: A Discussion of the Terrorism Risk Insurance Act" Policy Summit
WASHINGTON, Nov. 15, 2013 /PRNewswire-USNewswire/ -- The following is being released by National Journal LIVE:
National Journal LIVE Policy Summit
Tuesday, November 19th, 2013
8:00 am Registration
8:30 am – 10:30 am Program
The Newseum, 3rd Floor
Knight Broadcast Studio
555 Pennsylvania Ave N.W.
Kristin Roberts, Managing Editor, National Journal
Keynote Interviews & Remarks Featuring:
The Hon. Michael Grimm (R-NY), Member, U.S. House of Representatives
The Hon. Randy Neugebauer (R-TX), Member, U.S. House of Representatives
Expert Panel Discussion Featuring:
Jeffrey D. DeBoer, President and Chief Executive, The Real Estate Roundtable
Steve Ellis, Vice President, Taxpayers for Common Sense
Leigh Ann Pusey, President and Chief Executive Officer, American Insurance Association
Robert J. Rhee, Marbury Research Professor, University of Maryland, Francis King Carey School of Law
Steven Weisbart, Ph.D., CLU, Senior Vice President and Chief Economist, Insurance Information Institute
Following the September 11th attacks, many insurers stopped providing terrorism risk coverage after suffering what was then the most costly disaster in the history of insurance. In the wake of the financial disruption, the government enacted the Terrorism Risk Insurance Act; a public-private cost-sharing arrangement that requires private insurance companies to provide terrorism risk coverage in exchange for federal financial backing. Without Congressional intervention, TRIA is currently scheduled to sunset on December 31, 2014.
Join National Journal for a policy summit that will convene the nation's top security, financial and insurance experts for a robust discussion concerning TRIA's future. The discussion will explore questions such as: Is TRIA a common-sense solution that benefits insurers and policyholders alike, or do taxpayers bear the burden of unnecessary insurance bailouts? What other costly disasters might be on the horizon, and should TRIA be reauthorized at the end of next year?
SOURCE National Journal LIVE