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Insurance
October 30, 2020
PrintedOwl.com
The Terrorism Risk Insurance Act (TRIA) was enacted as federal law in 2002 and currently extends through 2014. TRIA was originally designed as a three-year program to provide reasonable terrorism coverage in the wake of the 9/11 events. TRIA is generally credited with stabilizing the private terrorism insurance market given the complex and unusual underwriting requirements involved.
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