Rep. Engel Calls for a TRIA Extension

Rep. Engel Calls for a TRIA Extension 

Washington, D.C. – Congressman Eliot Engel (NY-16) said the Senate’s failure to extend the Terrorism Risk Insurance Program (TRIA) ignores Congress’ commitment to support the communities that must contend with the threat of terrorism.

“The Terrorism Risk Insurance Program Reauthorization Act is as necessary today as it was in the aftermath of 9/11. As a direct result of the devastating events of that day, many New York businesses are required to carry costly terrorism risk insurance.

“The Senate’s failure to reauthorize terrorism risk insurance ignores our commitment to help communities contend with the threat of terrorism recover.  Without an extension, the current protections are set expire at the end of this year. Now, because of a handful of conservatives, the entire program is in jeopardy.

“I urge House and Senate leaders to permit an up-or-down vote on this vital program when the 114th Congress convenes on January 6th.  We cannot allow our communities and economy to face unnecessary risks, without the TRIA program in place.”

Congressman Engel voted earlier this month to extend the terrorism risk insurance program for another six years.