TRIA Program Reauthorization Act of 2026
In committeeTRIA Program Reauthorization Act of 2026 This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also increases the amount of property and casualty insurance losses required for certification under the program beginning in 2029 and provides statutory authority for Department of the Treasury public notification requirements regarding the determination process for whether an act qualifies as an act of terrorism under this program.
Jul 13, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Passed
The TRIA Program Reauthorization Act of 2026 extends the Terrorism Risk Insurance Program to 2034 and makes adjustments to the certification process for acts of terrorism. It includes technical amendments to update dates and clarify terminology. The bill focuses on maintaining the existing framework with minor improvements to the certification process.