Dec 18, 2023 · Terrorism Risk Insurance Act (TRIA) requires insurers to offer terrorism coverage after 9/11 attacks. Learn about TRIA extensions, NAIC involvement, data collection, and more.

INSURANCE COVERAGE Coverage for acts of terrorism is included in your policy. You are hereby notified that under the Terrorism Risk Insurance Act, as amended in 2015, the definition of act of …

Terrorism Risk Insurance State insurance regulators have supported the Terrorism Risk Insurance Act (TRIA) since its inception and its subsequent reauthorizations.

The NAIC recommends prompt Congressional action on a long-term TRIA reauthorization of 7-10 years to help ensure economic stability through the availability of terrorism coverage for commercial …

Beginning in 2016, insurance regulators in all states and the District of Columbia ("States") agreed to participate in a data call to collect information related to terrorism risk insurance to serve important …

Commissioner Mais also highlighted the importance of TRIA in ensuring that insurers can provide affordable commercial terrorism coverage. "TRIA is the best type of partnership between the private …

One of the changes made to TRIA with the enactment of the Terrorism Risk Insurance Program Reauthorization Act of 2007 was a revision to the definition of an act of terrorism that eliminated the …

PRELIMINARY ANALYSIS PRELIMINARY ANALYSIS OF WORKERS’ COMPENSATION TERRORISM RISK INSURANCE DATA

Jan 31, 2024 · The bill is modeled after the Terrorism Risk Insurance Act (TRIA) and would function as a public-private partnership between the federal government and insurance companies. The federal …

The NAIC is committed to working with Congress, the Administration, state officials, and the industry to develop a long-term plan to make terrorism insurance available and affordable.