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Terrorism Insurance
https://www.nmhc.org/industry-topics/insurance-legal-and-risk-mitigation/terrorism-insurance/
Most lenders require apartment owners to carry terrorism risk insurance. Prior to the 9/11 terrorist attacks this was not a problem. However, after the attacks, private carriers began dropping terrori
Terrorism Risk Insurance Fact Sheet
https://www.nmhc.org/advocacy/issue-fact-sheet/terrorism-risk-insurance-fact-sheet/
NMHC/NAA Viewpoint Given lender requirements for apartment owners to purchase terrorism insurance and the limited availability of such insurance in the private market, a federal backstop for this insu
MBA Survey Bolsters Case For TRIA Reauthorization
https://www.nmhc.org/research-insight/external-resources/mba-survey-bolsters-case-for-tria-reauthorization/
On May 5, the Mortgage Bankers Association (MBA) released a survey that found the Terrorism Risk Insurance Program is indeed filling a critical role for the multifamily and commercial industry. The su
RAND Study: TRIA Extension Could Save Taxpayers Billions
https://www.nmhc.org/research-insight/external-resources/rand-study-tria-extension-could-save-taxpayers-billions/
A new RAND Corporation study released on April 10 found that without the Terrorism Risk Insurance Act (TRIA) a terrorist attack of the same scale as 9/11 could cost taxpayers as much as $7 billion in
TRIA ReauthorizationSenate Banking Committee 2013
https://www.nmhc.org/advocacy/comment-letters/2013/tria-reauthorizationsenate-banking-committee--2013/
NMHC/NAA Letter to Senate Banking Committee on Reauthorization of TRIA
9/30/2013 10:32:07 AM
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Coalition Calls on Senate to Renew Terrorism Insurance
https://www.nmhc.org/advocacy/comment-letters/2014/coalition-calls-on-senate-to-renew-terrorism-insurance/
Coalition Calls on Senate to Renew Terrorism Insurance
12/15/2014 12:00:00 AM
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CIAT Letter to House Regarding TRIA - November 2019
https://www.nmhc.org/advocacy/comment-letters/2019/ciat-letter-to-house-regarding-tria---november-2019/
11/19/2019 5:00:00 PM
CIAT Letter to Senate Banking - November 2019
https://www.nmhc.org/advocacy/comment-letters/2019/ciat-letter-to-senate-banking---november-2019/
11/19/2019 5:00:00 PM
Coalition Letter to Senate Banking Committee Regarding Terrorism Risk Insurance - June 2019
https://www.nmhc.org/advocacy/comment-letters/2019/coalition-letter-to-senate-banking-committee-regarding-terrorism-risk-insurance/
6/18/2019 6:00:00 PM
Both Chambers of Congress Take Action on TRIA
https://www.nmhc.org/news/nmhc-news/2019/both-chambers-of-congress-take-action-on-tria/
This week, both Chambers of Congress took action to reauthorize the Terrorism Risk Insurance Act (TRIA) program, which is of critical importance to the apartment industry. The program ensures that ter