NAIFA's Nichols: "Time Is Right" for NARAB II

NAIFA President John Nichols comments on TRIA and NARAB:

“We are pleased the Senate has advanced the Terrorism Risk Insurance Program Reauthorization Act of 2014 (TRIA Reform Act) that includes an amendment that would create the National Association of Registered Agents and Brokers (NARAB). While leaders in the House continue discussion over TRIA, it is our hope they will be able to pass something in the near future so the House and Senate can finalize both TRIA and NARAB this year. It is clear that NARAB has had overwhelming bipartisan support from both the House and Senate. The time is right for lawmakers to get this over the finish line. NARAB is a win for insurance agents and brokers, but more importantly, it’s a win for consumers.”



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