Department of Treasury January 5, 2006 – Federal Register Recent Federal Regulation Documents
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Departmental Offices; Interim Guidance Concerning the Terrorism Risk Insurance Extension Act of 2005
This notice provides interim guidance to insurers, policyholders, state insurance regulators and the public concerning recent statutory amendments to the Terrorism Risk Insurance Act of 2002 (Pub. L. 107-297, 116 Stat. 2322). In particular, this notice provides interim guidance on the types of commercial property and casualty insurance covered by the Act, the requirements to satisfy the Act's mandatory availability (``make available'') provision and on the operation of the new ``Program Trigger'' provision in section 103(e)(1)(B) of the Act.
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