Blogger Archives: Wendy Peters

Wendy Peters

Wendy is a Executive Vice President of Willis’ North American Terrorism Practice. Based in Radnor, Pennsylvania, she has 21 years of experience in political risk and terrorism insurance. Her background includes the development of insurance programs for emerging market risks, with a focus on financial institutions and the leisure and entertainment industries.

Terrorism Backstop Renewed, but Coverage Not Retroactive

TRIA (green)

President Barack Obama signed into law Monday the extension of the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the program until December 31, 2020. The law H.R. 26, also gradually increases the trigger required to activate the program … Continue reading →

Terrorism: An Evolving Response to an Evolving Threat

malware as terrorism

Modes of terrorist attack are changing. The world today confronts the self-proclaimed Islamic State, built on terrorist tactics and apparently determined to export its methods in any way it can. In the US, we see acts of terror perpetrated by … Continue reading →

TRIA Passes Senate; Next Stop President

Senate passes TRIA

On January 8th, the Senate voted to pass the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the Terrorism Risk Insurance Act for an additional six years until 2020. This follows a bi-partisan vote of 416-5 in the … Continue reading →

TRIA Passes House (Again)

TRIA

An extension to the Terrorism Risk Insurance Act (TRIA) has just been passed by the U.S. House of Representatives, with a majority vote of 416 – 5. Continue reading →

TRIPRA Legislative Update: Delays Continue in Final Vote

capitol building

On Wednesday, December 10, the House of Representatives, in a vote of 414/7, passed legislation to reauthorize the Terrorism Risk Insurance Program Reauthorization Act of 2014, (TRIPRA) for a further six years. While the overwhelming House vote in favor of this … Continue reading →

TRIA Moves Closer to Renewal

capitol building

Reports from Washington, D.C. today indicate that Capitol Hill may be finally closing in on a  potential compromise to renew  the Terrorism Risk Insurance Program Reauthorization Act of 2007 or TRIPRA.  Continue reading →

Senate Passes 7-Year TRIA Extension; House Warns of Further Delays

TRIA

As widely anticipated, the U.S. Senate today, in a 93 to 4 vote, passed a seven-year extension of the Terrorism Risk Insurance Act. The legislation—authored by New York Congressman Chuck Schummer, along with Mark Kirk of Illinois, Bob Menendez of … Continue reading →

Current TRIPRA Momentum Bodes Well for Passage

capitol+flag

On June 3rd 2014, the Banking, Housing and Urban Affairs Committee of the U.S. Senate took a step forward in the Terrorism Risk Insurance Program Reauthorization Act 2007 extension debate by reporting out legislation (S.2244) to extend the program for … Continue reading →

Senate Bill to Extend TRIA: Positive, but no Guarantee

Senate Passes TRIA

Yesterday, Democratic and Republican Senators  jointly  submitted draft legislation that proposes a seven-year extension to the Terrorism Risk Insurance Program Reauthorization Act of 2007 (“TRIPRA”).  This seven-year extension proposes minor changes to the current legislation: Continue reading →

Marketplace Realities 2014: Rising Rates for Terrorism and Political Risk

world in crosshairs

No doubt there’s a certain satisfaction when the marketplace predictions we make in October start proving right in February. But it’s hard to celebrate when those predictions called for rising prices for our clients. That’s what we predicted in the … Continue reading →

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Video: Mudança de Direção no Terrorismo

No RIMS, meu colega da Willis Colleen McCarthy convidou para entender mais sobre o cenário de seguros contra terrorismo. Continuar lendo →