TRIREATerrorism Risk Insurance Revision and Extension Act (U.S.)
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In a September 19 statement, PIA declared its support for TRIREA and for "the inclusion of nuclear, biological, chemical and radiological attacks.
president Robert Hartwig, too, has expressed concerns over the inclusion of NBCR, saying that the magnitude of the risks "could easily exceed the claims-paying resources of private insurers, even with TRIREA in place.
In addition to extending TRIA for 10 years with current co-payments and deductibles for conventional terrorism acts, the proposed TRIREA would expand TRIA's "make-available" requirement to include nuclear, biological, chemical and radiological (NBCR) coverage, as well as change TRIA's definition of terrorism to include acts of domestic terrorism.