Terrorism Risk Insurance Program Reauthorization Act of 2026

The Terrorism Risk Insurance Program Reauthorization Act of 2026 extends the federal terrorism insurance program through 2034, ensuring continued government support for insurance companies facing large losses from terrorist attacks. The bill also updates the schedule for recouping federal funds, shifting the timeline for when insurers must repay taxpayer money to later dates ranging from 2029 to 2036. These changes directly affect insurance carriers and policyholders by maintaining the program's availability for a longer period and adjusting the financial obligations tied to it.