On June 29, 2026, the US House passed the TRIA Program Reauthorization Act of 2026, by a vote of 373-15. See House Passes Committee Bill to Reauthorize the Terrorism Risk Insurance Program | U.S. House Committee on Financial Services
The bill text as reported is available at Text – H.R.7128 – 119th Congress (2025-2026): TRIA Program Reauthorization Act of 2026 | Congress.gov | Library of Congress
The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for Terrorism risk. The bill would extend the TRIA program until 2034 while raising the level of losses required for certification of a terrorist act to $10 million starting in 2029.
It would also place notice requirements on the Treasury Department during the certification process. The history of the TRIA program is available from the Congressional Research Service at The Terrorism Risk Insurance Act (TRIA) | Congress.gov | Library of Congress
UWC supports reauthorization of the TRIA program.
