Pushing Congress to Extend TRIA is Essential for Commercial Real Estate Investments
By the Real Estate Roundtable Roundtable Chairman-Elect Bill Rudin called on the U.S. House of Representatives to renew the Terrorism Risk Insurance Act (TRIA), a federal program that provides a financial backstop for building insurers. Should Congress fail to extend the program, he said, it will lead to a slowdown in the economy and investments.