Aon: 85% of insurers will nix terrorism coverage if TRIA ends

09/23/2013 | Insurance Journal

Failure to reauthorize the Terrorism Risk Insurance Act next year would lead 85% of insurers to stop offering terrorism-risk coverage, Aon said, citing its market intelligence in a comment to the Treasury Department. "This is not supposition -- it has been backed up by carrier behavior with prior TRIA expirations," Aon's comment said.

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