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TRIREA HIGHLIGHTS

June 24, 2007 Reprints

Extend federal terrorism insurance backstop for 10 years.

Require insurers to 'make available' coverage for nuclear, chemical, biological and radiological terrorism risks.

Cover group life insurance in the backstop.

Cover acts of domestic terrorism.

Reduce the program's trigger to $50 million for a terrorism loss from the current $100 million trigger.

Source: The Terrorism Risk Insurance Revision and Extension Act of 2007

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TRIREA HIGHLIGHTS

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