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Regulation - Terrorism - Brokers call for Tria extension.

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| May 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Leading US brokers are calling for the extension of the federal Terrorism Risk Insurance Act (Tria), according to a new survey.

The survey, which was carried out by the Council of Insurance Agents and Brokers (CIAB), claims that 80% of leading commercial property and casualty insurance brokers think that Tria should be extended when it expires at the end of 2005.

Although the survey found that half of those who took part said that less than 20% of their clients are actually buying ...

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