Kim Prather Quotes

The problem with the TRIA extension is that it further dilutes the protections provided by the original act. The industry's per-event threshold was raised, several lines of business were excluded and deductibles were increased. What we didn't end up with was a long-term solution.

- Kim Prather

Tags

Problem | Tria | Extension | Dilutes | Protections |

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We're still left with an inability to underwrite and price for the exposure - due to largely insufficient data. - Kim Prather

We don't have domestic terrorism included in the coverage either. - Kim Prather

The problem with the TRIA extension is that it further dilutes the protections provided by the original act. The industry's per-event threshold was raised, several lines of business were excluded and deductibles were increased. What we didn't end up with was a long-term solution. - Kim Prather