Departmental Offices; Interim Guidance Concerning Definition of Insurers, Scope of Insurance Coverage, and Disclosures Mandated by the Terrorism Risk Insurance Act of 2002

Summary

The Department of Treasury has issued interim guidance for insurers participating in the Terrorism Risk Insurance Program, covering definitions, insurance coverage, and required disclosures under the Terrorism Risk Insurance Act of 2002. The guidance aims to assist insurers in estimating their deductible before regulations are issued.