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Terrorism Insurance

The Terrorism Risk Insurance Program (TRIP) was first established in 2002 as a result of 9/11 to assist the insurance market in covering insured losses resulting from acts of terrorism. It has since been reauthorized in 2005, 2007 and in 2015 after a brief lapse. The most recent reauthorization in 2015 extended the program for six years through December 31, 2020. The Big “I” supports the program and will be advocating that Congress reauthorize TRIP during the 116th Congress.

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