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Terrorism Risk Insurance Program Reauthorization Act of 2015

As a result of the pending expiration of the Terrorism Risk Insurance Program Reauthorization Act , the Division of Insurance (DOI) has approved NCCI’s Notification Endorsement of Pending Law Change to Terrorism Risk Insurance Program Reauthorization Act of 2015 (WC 00 01 15) for use by Massachusetts workers’ compensation insurers effective January 1, 2020. It is optional for voluntary policies and mandatory for all new and renewal assigned risk policies effective on or after January 1, 2020. This endorsement (WC 00 01 15) does not replace the separate Terrorism Risk Insurance Program Reauthorization Act Disclosure Endorsement (WC 00 04 22 B) that is attached to your current policy and which remains in effect as applicable. (Refer to Circular Letter #2344 dated October 25, 2018.)

The Division of Insurance (DOI) has approved NCCI’s Terrorism Risk Insurance Program Reauthorization Act Disclosure Endorsement (WC 00 04 22 B) for use by Massachusetts workers’ compensation insurers for voluntary and assigned risk policies. The effective date of the endorsement is January 1, 2015. The endorsement complies with the disclosure notices to policyholders required by the 2015 Reauthorization Act. (Refer to Circular Letter #2252 dated January 23, 2015.)

The Division of Insurance Bulletin 2015-03, issued on May 8, 2015, advises on certain provisions of the recently-enacted Terrorism Risk Insurance Program Reauthorization Act of 2015. (Refer to Circular Letter #2257 dated May 14, 2015.)

The Department of Treasury has issued Interim Guidance Concerning the Terrorism Risk Insurance Program Reauthorization Act of 2015 which can be accessed on the Department of Treasury's website.

Please refer to the following Circular Letters for information about the Terrorism Risk Insurance Act of 2002, the Terrorism Risk Insurance Extension Act of 2005, and the Terrorism Risk Insurance Program Reauthorization Act of 2007: Circular Letter #1912 dated February 19, 2003, Circular Letter #2013 dated January 27, 2006, Circular Letter #2015 dated February 13, 2006, Circular Letter #2020 dated April 21, 2006, Circular Letter #2080 dated February 13, 2008, and Circular Letter #2100 dated September 30, 2008.


Terrorism FAQS - Table of Contents

On this website, the Bureau outlines for our members and subscribers the key points that we recognize as critical for workers' compensation insurance carriers.

Terrorism Risk Insurance Program Reauthorization Act of 2015 FAQs
Disclosure FAQs
Premium Calculation FAQs
Residual Market FAQs
Frequently Asked Question (FAQ page Table of Contents)


Terrorism Risk Insurance Program Reauthorization Act of 2015 FAQs
Disclosure FAQs
Premium Calculation FAQs
Residual Market FAQs

Program Overview

The Workers' Compensation Rating and Inspection Bureau of Massachusetts
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Boston, MA 02110