Endorsements

Certified acts of terrorism cap in admitted P&C products

Coverage intent

A certified acts of terrorism cap limits insurer liability for certified terrorism losses, often through TRIA-related policy language.

Coverage impact

Terrorism caps affect property, liability, and package products where federal backstop language, disclosures, exclusions, and limits must align.

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Sample form language

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Cap on Losses from Certified Acts of Terrorism

Form #: 1G1523FR 07 23

First National Insurance Company of America

Commercial General Liability

KS | Jun 23, 2026

This liability endorsement applies the federal certified-terrorism loss cap.

Certified terrorism loss cap

SECTION III - LIMITS OF INSURANCE

If aggregate insured losses attributable to terrorist acts certified under the federal Terrorism Risk Insurance Act exceed $100 billion in a calendar year and we have met our insurer deductible under the Terrorism Risk Insurance Act, we shall not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion, and in such case insured losses up to that amount are subject to a pro rata allocation in accordance with procedures established by the Secretary of the Treasury.

Selected excerpt from this form.

Notable language points

  1. 01Caps insurer liability after the statutory aggregate threshold.
  2. 02Uses pro rata allocation once aggregate certified-terrorism losses exceed the cap.

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