Thursday, December 4, 2014

Defense Bill with MT Land Issues/ Terrorism Insurance/ Nominations


Missoulian: Government terrorism insurance program faces lapse
Terrorism Risk Insurance Program
On November 26, 2002, the President signed into law the Terrorism Risk Insurance Act of 2002 (Pub. L. 107–297, 116 Stat. 2322) [TRIA]. The law created a temporary federal program that provides for a transparent system of shared public and private compensation for certain insured losses resulting from a certified act of terror. The Treasury Department administers the program.


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