EXECUTIVE SUMMARY
US House overwhelmingly passes legislation to extend the federal terrorism risk insurance backstop program through 2034.
The House of Representatives passed legislation to extend the federal Terrorism Risk Insurance Program through 2034, delivering a strong bipartisan vote in favor of maintaining stability in the commercial insurance market.
Lawmakers approved H.R. 7128, the TRIA Program Reauthorization Act of 2026, by a vote of 373-15.
The measure, sponsored by Rep. Mike Flood, R-Neb., chairman of the House Financial Services Subcommittee on Housing and Insurance, now heads to the Senate.