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January 26, 2005

Senate Panel Pencils TRIA In For March

The Senate Banking Committee may hold a hearing March 3 on whether the Terrorism Risk Insurance Act should be extended.

A spokesman for the committee would neither confirm nor deny the date, but insurance industry lobbyists say TRIA will be the first insurance issue that the committee will take up. The lobbyists expect one of the witnesses to be a life industry representative who will talk about expanding TRIA to include group life insurance.

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Posted by Tom Troceen