Senate Passes 7-Year Terrorism Insurance Extension
Issue Date: October 05, 2026
On September 28, 2026, the United States Senate passed S. 4395 by unanimous consent. The bill is a clean seven-year extension of the Terrorism Risk Insurance Act (TRIA) through 2034. NAR supported the bill ahead of its approval by the Senate Banking Committee last month. TRIA helps keep terrorism insurance available, and many commercial real estate loans require that coverage.
Both chambers have now passed seven-year extensions, but the bills differ. The House bill, H.R. 7128, adds two changes to Treasury's certification process: a 90-day deadline for decisions and a higher loss threshold for certifying an event, from $5 million to $10 million beginning in 2029. The House and Senate must pass identical legislation before it can go to the president.
NAR will continue working with congressional leaders and coalition partners to enact a long-term TRIA reauthorization this year, well before the program expires on December 31, 2027.