Steptoe & Johnson PDF Memo on Reauthorization of H.R. 26
Following up on our recent red alert announcing Senate passage of legislation (H.R. 26) reauthorizing the Terrorism Risk Insurance Act (TRIA), our legal counsels at Steptoe & Johnson have taken a deeper dive into the changes to expect moving forward on both TRIA and the National Association of Registered Agents and Brokers (NARAB).
The legislation now goes to the President, who is expected to sign it into law very soon.