As the Insurance Journal reported:
All the insurance acts that help to fight with international terrorism are going to be expired on December,31, 2014. Two representatives of the global law firm Edwards Wildman Palmer LLP insurance attorneys John P. Dearie, Jr. and Brian J. Green provided the source with the developments in this direction. Many researches in this sphere believe that
If Congress will decide what to do about TRIA it’ll help to avoid the number of problems on January,1, 2014. Last time when the TRIPRA was under consideration by the President Bush it was adopted only in five days before being expired.
Some believe that new bill will be completely new then the current one.
Congress is also going to clarify the situation with the cyber-terrorist attacks in an extension.
As the Insurance Journal reported:
The ACE Group USA has provided a foreign casualty pollution liability coverage endorsement. It’s supposed to provide coverages for U.S.-based multinational organizations. This kind of coverage provides borderless international pollution liability protection. It’s mostly oriented for environmental liabilities.
There also exist a web-based information portal. Its main task is to help risk managers and brokers with multinational insurance programs.