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.
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 …
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 …