Terrorism Insurance is defined to cover property owners in the event of losses and liabilities that might occur due to terror activities or terror-related activities. The Terrorism Risk Insurance Act (TRIA), signed into law in 2002, was created as a federal backstop for insurance claims related to acts of terrorism, and the provisions are set to expire on Dec. 31, 2014 unless reauthorized by Congress. The PWG is required to submit reports to Congress on the TRIA program in 2010 and 2013. The Council believes TRIA, which has given commercial borrowers access to terrorism risk insurance, should remain in place, not only for the protection of commercial properties, but for the stability and continued recovery of the capital markets as a whole.

Featured Documents

> Council Responds to Terrorism Insurance Issue

> Treasury Request for Public Comment on TRIA Availability

> CIAT Responds to Terrorism Insurance Issue

> Terrorism Insurance Position Paper 

 August 3, 2010
Council Responds to Terrorism Insurance Issue

 December 26, 2007
CMSA® Lauds Signing of TRIA Extension by President Bush

December 18, 2007
CMSA® Commends Agreement on Terrorism Insurance Bill

November 16, 2007
CMSA® Praises Senate Passage of Terrorism Insurance Bill

October 9, 2007
CMSA® Lauds Fitch Statement on the Need For Terrorism Insurance

September 18, 2007
CMSA® Applauds House Action on TRIEA Extension

August 2, 2007
CMSA® Applauds House Committee Action on TRIEA Extension 

August 1, 2007
CIAT Press Release on House Subcommittee's Approval of H.R. 2761

June 20, 2007
CIAT Statement on HR 2761, Terrorism Risk Insurance Extension Legislation

June 19, 2007
CMSA Applauds Introduction of TRIEA Extension

Comment Letters & Testimony 

August 3, 2010
CIAT Responds to Terrorism Insurance Issue

August 2, 2010
Council Responds to PWG Request for Public Comment on TRIA Availability

August 2, 2010
Coalition Responds to PWG Request for Comment on TRIA Availability

 June 14, 2010 
Treasury Request for Public Comment on TRIA Availability 

October 16, 2007
CIAT Letter to Senate Banking Committee

September 6 , 2007
CIAT Letter to House Members Urging Passage of H.R. 2761

April 24, 2007
CIAT Testifies Before House Committee on Terrorism Insurance

April 24, 2007
CMSA Testifies Before House Financial Services Committee on Terrorism Insurance

March 5, 2007
CIAT Testisties at House Financial Services Capital Markets Subcommittee Field Hearing in NYC

February 28, 2007
CIAT Testifies in Senate Hearing on Terrorism Insurance

January 17, 2007
Congressional Research Service Report for Congress: Terrorism Risk Insurance: An Overview

September 8, 2011
CREFC Signs Coalition Letter Opposing TRIA Expiration 

December 18, 2007
Terrorism Risk Insurance Program Reauthorization Act of 2007 

 November 2007
Terrorism Insurance Position Paper 
 
October 17, 2007
Comparison of House and Senate TRIA Extension Bills

October 16, 2007
Steptoe & Johnson Summary of Senate Banking Terrorism Insurance Legislation

August 1, 2007
Steptoe & Johnson Memo on HR 2761 Approval by House Financial Services Committee

July 24, 2007
Steptoe & Johnson Memo of HR 2761 Mark-Up in House Financial Services Subcommittee on Capital Markets

June 27, 2007
CIAT Summary of TRIREA Legislation

June 22, 2007
Steptoe & Johnson Summary of Terrorism Insurance Hearing

June 18, 2007
HR 2761, Terrorism Risk Insurance Extension Legislation Introduced in U.S. House

June 18, 2007
Steptoe & Johnson Summary of Terrorism Risk Insurance Extension Legislation