Federal billIntroduced
Congress moves to reauthorize TRIA, the federal backstop that helps insurers cover catastrophic terrorism losses, keeping coverage available for businesses nationwide.
The TRIA Program Reauthorization Act of 2026 extends the Terrorism Risk Insurance Act, a federal program that shares the financial risk of large-scale terrorist attacks between private insurers and the federal government. Without reauthorization, insurers could pull back terrorism coverage, leaving businesses, commercial real estate owners, and major events without protection. The bill passed its latest procedural hurdle when a motion to reconsider was laid on the table and…
AI summarySummary of HR 7128