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Terrorism issues
Insurer requirement
I noticed that the federal Terrorism Risk Insurance Act requirements apply to insurance companies licensed in any state. Does that mean that a company that is not licensed in New York cannot offer the TRIA coverage here?
Terrorism Risk Insurance Program—Reauthorization Act of 2007
Can you tell me how my clients will be impacted by the Terrorism Risk Insurance Program Reauthorization Act of 2007 with respect to offers of terrorism coverage?
TRIA premiums—where do they go?
My clients have been paying their Terrorism Risk Insurance Act premiums and have asked me where those premiums go. Does the federal government collect the premiums?
Terrorism Risk Insurance Program Reauthorization Act of 2015
Can you tell me how my clients are impacted by the Terrorism Risk Insurance Program Reauthorization Act of 2015 with respect to offers of terrorism coverage?