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Samples in periodicals archive:
Enactment of the Terrorism Risk Insurance Act of 2002 (TRIA) ensured that terrorism risk coverage was widely available to commercial policyholders, and delivered through a private insurance mechanism that retains the private industry's "skin in the game" through insurer-deductible and co-share layers.
The Terrorism Risk Insurance Act of 2002 (TRIA) specifies that the federal government assume significant financial responsibility for insured losses on commercial properties resulting from future terrorist attacks.
The Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA) again extends the original Terrorism Risk Insurance Act of 2002 (TRIA) for an additional seven years, through the end of 2014.
Christopher Dodd (D-CT) would extend the Terrorism Risk Insurance Act of 2002 (TRIA) for three more years.
As prices have come down, more companies are purchasing terrorism insurance--both under the Terrorism Risk Insurance Act of 2002 (TRIA) and the stand-alone terrorism insurance policies offered by various insurers," said Jill Dalton, a managing director of Marsh and North American Property Practice Leader.
As a result, on November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of 2002 (TRIA).
15 it would not include coverage for group life insurance in the federal terrorism insurance program established by the Terrorism Risk Insurance Act of 2002.
In summary, the Terrorism Risk Insurance Act of 2002 provides guidelines for "mandatory insurance company participation, mandatory availability of property and casualty insurance for insured losses that does not differ materially from coverage limitations applicable to losses arising from events other than terrorism.