UT | Utah issued a bulletin to advise of certain provisions of the Terrorism Risk Insurance Program Reauthorization Act of 2019 amending and extending the Terrorism Risk Insurance Act of 2002 (the Act) by reauthorization, which may require insurers to submit a filing in this state of disclosure notices, policy language, and applicable rates as a result of the Act.
This bulletin shall take immediate effect and shall expire on December 31, 2027, unless Congress extends the duration of the Act.