Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International

TRIA ALERT: Your Help Needed to Break House Impasse (8/21/14)

The December 31 expiration date for the federal terrorism risk insurance program is fast approaching and the legislative calendar is quickly winding down.  However, the U.S. House of Representatives remains at an impasse on how to proceed forward on legislation to renew the Terrorism Risk Insurance Act (TRIA).  This program was first enacted following 9/11 and has been instrumental in ensuring that terrorism insurance coverage is available at reasonable rates and terms.

In order to ensure that action is taken in Congress to reauthorize this critical program before it expires at the end of the year, the commercial real estate industry must keep the pressure on Representatives during their August recess.  To that end, BOMA International has posted in the Legislative Action Center sample language for a letter to send to your Congressperson.  Please take a few moments to write to your Representative and urge immediate action.​