Terrorism Risk Insurance Program (TRIP/TRIA)

Current understanding

To be populated as evidence accumulates.

2026-07-29 — A bill to abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.: cross-connection with federal-insurance-office-abolition: FIO administers aspects of the Terrorism Risk Insurance Program; abolition would require reassignment of TRIP-related federal insurance functions. (novelty: 3)
2026-04-27 — Terrorism Risk Insurance Program Reauthorization Act of 2026: S4395 (119th Congress), the Terrorism Risk Insurance Program Reauthorization Act of 2026, was introduced in the Senate Banking Committee to extend the federal terrorism reinsurance backstop for insured losses from acts of terrorism (status: introduced). (novelty: 2)