MLchartDataset catalogue

Terrorism Risk Insurance Act of 2002 TRIA

Term · Insurance and risk management · MLC-T-INS-003307

A federal law that created a temporary federal program to share the risk of insured losses resulting from acts of terrorism. It mandates that commercial property and casualty insurers offer terrorism coverage and provides a federal backstop for claims exceeding a certain threshold. The program has been reauthorized multiple times since its inception.

Table 1. Record
IdentifierMLC-T-INS-003307
FieldInsurance and risk management
SubjectEmployment Practices Liability
Record as JSON 
{
  "id": "MLC-T-INS-003307",
  "term": "Terrorism Risk Insurance Act of 2002 TRIA",
  "field": "Insurance and risk management",
  "definition": "A federal law that created a temporary federal program to share the risk of insured losses resulting from acts of terrorism. It mandates that commercial property and casualty insurers offer terrorism coverage and provides a federal backstop for claims exceeding a certain threshold. The program has been reauthorized multiple times since its inception.",
  "subject": "Employment Practices Liability",
  "url": "https://mlchart.com/terminology/insurance/terrorism-risk-insurance-act-of-2002-tria/"
}

Record 3,437 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.