Federal Register #2026-05795

Treasury Department Requests Public Input on Terrorism Risk Insurance Program Effectiveness

The Department of the Treasury's Federal Insurance Office (FIO) is inviting public comments to support the 2026 report on the effectiveness of the Terrorism Risk Insurance Program (TRIP). - Government Buyer: - Department of the Treasury, Federal Insurance Office - Purpose: - Collect public input for the mandated 2026 TRIP effectiveness report - Scope of Requested Input: - Availability and affordability of terrorism risk insurance, including for houses of worship - Trends in data collected by Treasury - Impact of TRIP on insurers, including workers compensation insurers - Issues related to cyber-related terrorism insurance - Considerations for program reauthorization - Role of captive insurers - Legislative or regulatory proposals to improve TRIP - Notable Details: - No products or services are being procured - No OEMs or vendors are specified - Stakeholders are encouraged to provide qualitative feedback, analysis, and proposals

Description

The Department of the Treasury's Federal Insurance Office is seeking public comments to assist in preparing the 2026 report on the effectiveness of the Terrorism Risk Insurance Program (TRIP), as required by the Terrorism Risk Insurance Act of 2002. The report will analyze statutory factors including the availability and affordability of terrorism risk insurance, trends in data collected, and the program's impact on insurers, including workers compensation insurers. Comments are also sought on broader issues such as cyber-related terrorism insurance, potential program reauthorization, and the role of captive insurers. The deadline for submitting comments is May 8, 2026.

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