Industry Issues | Terrorism Insurance | U.S. Terrorist Activity

Terrorism Insurance

The Terrorism Risk Insurance Act was established to provide a plan to protect consumers by ensuring the availability of property casualty insurance for terrorism risk to cushion the economic shock from a large terrorist attack or series of attacks. TRIA is critical to the stability of the American economy in the unstable world of terrorism. Having a plan in place with the Terrorism Risk Insurance Act helps thwart the devastating economic impact of a terrorist attack. The current bill, H.R. 26, The Terrorism Risk Insurance Program Reauthorization Act of 2015 will expire on December 31, 2020.

Legislative and Regulatory News  | View all

The U.S. Treasury Department has released its annual report on the terrorism insurance market. The ...

The Texas Department of Insurance (TDI) is participating in a national data call to collect ...

Earlier this year, the Treasury Department issued guidance that has resulted in confusion as to ...