On Thursday, the U.S. Senate passed a bill to re-establish the National Association of Registered Agents and Brokers (NARAB II), legislation that aims to ease the ability of brokers to sell insurance in states across the U.S. The House of Representatives approved the same bill a day earlier.
House Financial Services Committee Chairman Jeb Hensarling (R-Tex.) said Monday he intended to fast-track a vote to renew the Terrorism Risk Insurance Act (TRIA), the bipartisan bill to which the NARAB II legislation is attached.
