In this video, the Federal Insurance Office provides guidance and suggestions for Small Insurers responding to the 2022 Data Call for the Terrorism Risk Insurance Program. This webinar took place in April 2022.
The Terrorism Risk Insurance Act (TRIA) created a temporary federal program that provides for a transparent system of shared public and private compensation for certain insured losses resulting from a certified act of terrorism. The Secretary of the Treasury administers the program with the assistance of the Federal Insurance Office.
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