June 15, 2006
Washington, D.C. – Recognizing that the members of our country’s Armed Services should not be preyed upon by unscrupulous and dishonest financial service providers, Senator Chris Dodd yesterday supported a bill which would enact stricter standards by which some insurers and other financial service companies market their life insurance and securities products to servicemen and -women and require full disclosure by the representatives about their product.

December 16, 2005
Washington, D. C. -- U. S. Senate Banking Chairman Richard Shelby, Ranking Member Paul Sarbanes, Sen. Bob Bennett and Sen. Christopher Dodd today commented on the agreement between the Senate Banking Committee and House Financial Services Committee to extend the Terrorism Risk Insurance Program.

November 18, 2005
WASHINGTON - Senator Chris Dodd, author of the Terrorism Risk Insurance Act (TRIA) of 2002, issued the following statement after the Senate approved his legislation to extend TRIA after it expires at the end of 2005:

November 15, 2005
WASHINGTON, D. C. - The Senate Banking Committee today announced an agreement on legislation that will extend the Terrorism Risk Insurance Act. The bipartisan bill is the result of a collaboration among Banking Committee Chairman Shelby, Senator Dodd, Senator Bennett and Ranking Member Sarbanes. A date for the mark-up of the bill will be announced shortly.

Chairman Shelby said,

WASHINGTON— In response to today’s Rand Corporation report, Sen. Chris Dodd, the author of the Terrorism Risk Insurance Act of 2002, issued the following statement calling on Congress to extend the legislation:

“Today’s Rand Corporation report once again illustrates the need for Congress to extend the Terrorism Risk Insurance Act. Failure to do so would create additional, unnecessary risks to our economy.