American Property Casualty Insurance Association
  • Staff Contact: Eileen Gilligan     
    • Printer-Friendly Printer-Friendly PDF Export PDF Export

  • FOR RELEASE ON RECEIPT
  • December 19, 2019
  • Insurers Applaud Congress for Reauthorizing TRIA on Time
  • WASHINGTON, D.C. — Nat Wienecke, senior vice president of federal government relations issued the following statement applauding Congress for passing the 2020 fiscal spending bill with a 7-year Terrorism Risk Insurance Act (TRIA) reauthorization.

    “APCIA commends the overwhelming bipartisanship expressed in the House and Senate to get TRIA done this year. This is a great example of how Congress got their job done, on time, with the interest of the American people at the forefront. Because TRIA is critical to the stability of the nation’s economy, business of all sizes, and the insurance markets, Congress enacted the Program well before it was set to expire. This is a job well done,” said Wienecke.

    “APCIA applauds the leadership of Chairwoman Maxine Waters, Chairman Mike Crapo, Ranking Member Patrick McHenry, Ranking Member Sherrod Brown, Senator Thom Tillis, and Senator Tina Smith. We also appreciate the stead-fast support Representative Pete King and Representative Carolyn Maloney, since the inception of this vital program in 2002.

    “We urge the president to sign this bill.”

  • The American Property Casualty Insurance Association (APCIA) is the primary national trade association for home, auto, and business insurers. APCIA promotes and protects the viability of private competition for the benefit of consumers and insurers, with a legacy dating back 150 years. APCIA members represent all sizes, structures, and regions—protecting families, communities, and businesses in the U.S. and across the globe.
  • ###