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Superbowl could be cancelled

 
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pilight



Joined: 23 Sep 2004
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PostPosted: 12/16/14 9:16 pm    ::: Superbowl could be cancelled Reply Reply with quote

http://www.businessweek.com/articles/2014-12-09/the-terrorism-risk-insurance-act-is-vital-to-the-super-bowl

Quote:
TRIA was signed into law in 2002 in the aftermath of the 9/11 terrorist attacks, establishing a risk-sharing partnership between the federal government and the insurance industry that made terrorism insurance widely available to U.S. businesses—among them, organizers of sporting events. Without federal support, most insurers had been unwilling to offer coverage. TRIA was renewed in 2005 and in 2007. It is set to expire on Dec. 31 unless Congress renews it. With two weeks until the deadline, the clock is ticking.



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norwester



Joined: 14 Jun 2006
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PostPosted: 12/22/14 12:54 pm    ::: Reply Reply with quote

Huh. Fascinating. Hope someone has their eye on the ball.



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