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Finanse publiczne · 10/11/2020

Terrorism Risk Insurance Program; Updated Regulations in Light of the Terrorism Risk Insurance Program Reauthorization Act of 2019, and for Other Purposes

The US Department of the Treasury is issuing proposed rules to update the Terrorism Risk Insurance Program (TRIP) in light of the 2019 Reauthorization Act, clarifying insurance loss calculations and incorporating prior guidance on cyber insurance. The Treasury seeks public comment on the certification process and captive insurer participation to inform further analysis and potential rulemakings.

Source: Federal Register — Department of the TreasuryOpen original release →