The Washington Report

July 6, 2026

Business Issues Update

NAR Supports Associational Standing Before the Indiana Supreme Court

The National Association of REALTORS® (NAR), joined by the Indiana Association of REALTORS® and a coalition of national and state trade groups, filed an amicus brief urging the Indiana Supreme Court to uphold associational standing, a longstanding judicial doctrine that allows organizations to bring lawsuits on behalf of their members without requiring individual members to participate directly. 

The case stems from a challenge by Citizens Action Coalition of Indiana (CAC) to a state approved Duke Energy rate increase intended to cover coal ash cleanup costs, citing concerns about consumer affordability and the environmental impacts. The Indiana Court of Appeals found that CAC had standing to pursue the case under the U.S. Supreme Court's decision in Hunt v. Washington State Apple Advertising Commission, which permits associations to sue on behalf of their members when the members would otherwise have standing, the issues are related to the organization's mission, and the claims do not require participation by individual members. Duke Energy has asked the Indiana Supreme Court to reject the Hunt framework as a matter of Indiana law. 

Recognizing the broader implications of the issue, the Indiana Supreme Court invited amicus briefing on whether Indiana should formally adopt the federal doctrine of associational standing. NAR and its coalition partners argued that limiting associational standing would significantly hinder the ability of trade associations and other membership organizations to advocate effectively for their members in judicial proceedings.  

NAR will continue to monitor the status of this case and provide updates accordingly. 

Caitlin Vannoy, [email protected], 202-383-1127

Terrorism Insurance

House Passes Seven-Year Terrorism Insurance Extension

On June 29, 2026, the House voted 373-15 to pass H.R. 7128 to reauthorize the Terrorism Risk Insurance Act (TRIA) for seven years, through 2034. NAR sent a letter urging House passage.

TRIA helps ensure the availability of terrorism insurance coverage when it is required for commercial real estate financing. Reauthorizing the program this year reduces uncertainty because insurers are likely to make coverage decisions well in advance of the program's December 2027 expiration.

In a letter to House leadership, NAR supported the seven-year extension and provisions to improve transparency by establishing a 90-day timeline for event certification decisions and updating the certification threshold from $5 million to $10 million.

With House passage, attention now shifts to the Senate, where S. 4395 would provide a straight seven-year TRIA extension. NAR will continue advocating for a timely, long-term reauthorization of TRIA.

Austin Perez, [email protected], 202-383-1046