ISO continues to help you respond to the Terrorism Risk Insurance Act
ISO continues to provide coverage and pricing tools to help insurers respond to the Terrorism Risk Insurance Act (TRIA). The federal Terrorism Risk Insurance Program (TRIP), a program established by TRIA, was scheduled to terminate at the end of December 31, 2005. However, on December 22, 2005, the President signed compromise legislation extending TRIA for two years. For details, see Terrorism Risk Insurance Extension Act of 2005.
On December 18, 2007, Congress passed the Terrorism Risk Insurance Program Reauthorization Act of 2007. The President signed this bill on December 26, 2007. The TRIA Reauthorization Act extends the program through December 31, 2014, revises the definition of a certified act of terrorism, and makes other changes to the law.
Follow the links for:
- TRIA 2007
- status reports on our TRIA 2007 reauthorization filings
- status reports on our TRIA 2007 filings related to "other acts"
- TRIA 2007 state bulletins
- status reports on our TRIA 2005 extension filings
- status reports on our filings of conditional and post-TRIA endorsements
- status reports on our original filings for TRIA
- status reports on our filings of additional options for TRIA
- status reports on our terrorism exclusions filed before TRIA
- U.S. Treasury Department information
- Extension of TRIA "make available" provisions
For more information . . .
. . . on ISO's response to the Terrorism Risk Insurance Act, watch this website. We will post frequent updates on our filings and regulatory action on them.