Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) News

Property/casualty insurers that have relied heavily on the federal terrorism reinsurance program face the risk of rating downgrades if the program isn’t renewed by the end of 2020, ratings firm A.M. Best has warned. A.M. Best said that the Terrorism …

XL Catlin has raised its available terrorism insurance coverage limits to $250 million from $200 million, a 25 percent increase. XL Catlin’s standalone terrorism insurance policy helps U.S. businesses address potential insurance coverage gaps provided by the federal Terrorism Risk …