American Hotel & Lodging Association Supports Senate's Bill to Extend Terrorism Risk Insurance Act Until 2027
📈 The American Hotel & Lodging Association supports the U.S. Senate's introduction of the Terrorism Risk Insurance Act (TRIA) extension. TRIA provides a federal backstop for terrorism-related claims, crucial for the hotel industry's stability and future development. The current act is set to expire at the end of 2027. The bipartisan effort aims to ensure long-term economic certainty, urging Congress to pass the extension promptly.
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