Treasury Orders Insurers to Report Terrorism Risk Data Now
Published Date: 4/18/2025
Notice
Summary
If you’re an insurer selling commercial property or casualty insurance, you need to share your 2024 data by May 15, 2025, for the 2025 Terrorism Risk Insurance Program. This helps the government keep track of terrorism risk and insurance coverage. It’s a must-do to stay in the program and keep the money flowing smoothly!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Insurers must submit 2024 TRIP data by May 15, 2025
If you are an insurer participating in the Terrorism Risk Insurance Program and you write commercial property or casualty insurance in lines subject to the Program, you must register and report information covering January 1, 2024 through December 31, 2024 using OMB‑approved forms. All such participating insurers, subject to certain exceptions noted in the notice, must respond to the 2025 TRIP Data Call no later than May 15, 2025.
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