TRIA-backstop renewal with NARAB provision gets House approval

TRIA-backstop renewal with NARAB provision gets House approval Legislation to extend the Terrorism Risk Insurance Act backstop for six years has cleared the House. The bill, which needs Senate approval, includes a provision to create a permanent National Association of Registered Agents and Brokers to ease multistate licensing. Bloomberg (12/10), PropertyCasualty360 (12/10)