Federal terrorism insurance program would continue until 2034, with updated rules for certifying attacks.
This bill would keep the federal Terrorism Risk Insurance Program going until 2034, helping businesses get insurance for terror attacks. It would also change how the government decides if an event is a terror attack, raising the minimum damage amount and setting deadlines for those decisions.
Today, the Terrorism Risk Insurance Program is set to end in 2027, and an event needs at least $5 million in total losses to be considered for federal support as an act of terrorism. After this bill, the program would run until 2034, and an event would need at least $25 million in total losses to be certified as an act of terrorism. The Secretary of the Treasury would also have new deadlines for announcing and making certification decisions.
HR 7128 · 119th Congress · January 16, 2026 · AI Summary by gemini-2.5-flash · 10/10
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66 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.