WC 00 01 16 Notification Endorsement of Pending Law Change to Terrorism Risk Insurance Program Reauthorization Act of 2019

“TRIPRA 2019 is scheduled to expire on December 31, 2027.”

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What law change the notice warns about. TRIPRA 2019 continues the federal program, begun by the Terrorism Risk Insurance Act of 2002, under which the government shares in insured losses from certain acts of terrorism. The notice says the program ends on that date unless Congress extends or reauthorizes it.

“Your policy provides coverage for workers compensation losses caused by acts of terrorism”

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Whether terrorism losses stay covered. The notice states that the policy covers terrorism losses, including workers compensation benefit obligations set by state law, subject to the policy's terms. The stated exception is Pennsylvania, which excludes injuries or deaths from certain war-related activities.

“This amount may continue or change for new, renewal, and in-force policies in effect on or after December 31, 2027”

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What could happen to the terrorism premium. The terrorism premium shown in Item 4 of the Information Page or on the WC 00 04 22 C schedule could stay the same or change if the program expires, subject to state regulatory review. No action is required of the policyholder now.

“This endorsement does not replace the separate Terrorism Risk Insurance Program Reauthorization Act Disclosure”

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How it relates to WC 00 04 22 C. The terrorism disclosure endorsement WC 00 04 22 C stays on the policy and remains in effect. This notice is attached alongside it.