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Terrorism Risk Insurance Extension Act Of 2005

Terrorism Risk Insurance Extension Act (TRIEA) of 2005

Definition

Federal legislation extending the Terrorism Risk Insurance Act (TRIA) through December 31, 2007. It also made some changes to the TRIA reinsurance program and exempted the following coverages from the application of TRIA: commercial auto, burglary and theft, surety, professional liability (other than officers and directors liability), and farm owners multiple peril.

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