Last Updated: July 1, 2005 11:43am ET

GlobeSt.com UPDATE: Treasury Comes Out Against Terrorism Insurance Legislation Extension

By Barbra Murray

WASHINGTON, DC-The US Department of the Treasury releases its report on TRIA, proclaiming that the legislation that allows for a $100-billion federal backstop for insurers' liability in the event of a terrorist attack should not be renewed beyond its scheduled expiration date of December 31.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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