Saturday, December 29, 2007

Terror Risk Insurance Act Extended

With a week left before expiration of the Terrorism Risk Insurance Act, President Bush Signs 7 Year Terror Insurance Extension, the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA). The Act extends the insurance program through the end of 2014.

The availability of terrorism insurance has been crucial for financing of buildings in New York City and other high profile buildings across the country.

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