Product Update

Terrorism Endorsements Discussions Updated to Reflect TRIA Reauthorization in Commercial Property Insurance


The Terrorism Risk Insurance Program Reauthorization Act of 2019 was signed into law in December 2019, as part of the Further Consolidated Appropriations Act 2020. It extends the Terrorism Risk Insurance Act (TRIA) through December 31, 2027, without making any changes to the Terrorism Risk Insurance Program. This Commercial Property Insurance release updates the discussions of terrorism endorsements used with ISO commercial property and businessowners policies, to reflect the reauthorization of TRIA and to address the changes made in the 2020 editions of the "disclosure" endorsements.

Since the federal share of terrorism losses reached 20 percent in 2020 and will remain unchanged, the schedule portion of these endorsements has been revised to show 20 percent as the federal share of terrorism losses.