The Californian 2019 Q1 – INSURANCE, TERRORISM & THE TERRORISM RISK INSURANCE ACT (TRIA)
INSURANCE, TERRORISM & THE TERRORISM RISK INSURANCE ACT (TRIA) Nick Langer, Turner Surety & Insurance Brokerage, Inc. First passed into law in 2002, the Terrorism Risk Insurance Act (TRIA) requires commercial insurers to make terrorism insurance coverage available. Since then TRIA has established a federal backstop program, providing the necessary stability to the private terrorism risk […]