3.0.0 4721 2023-01-11T13:15:32Z 2023-01-11T13:15:32Z House H HR 2007-12-17 110 hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2008-03-28T15:49:25Z Referred to 2007-12-17T15:36:20Z Terrorism Risk Insurance Improvement Act of 2008 110 2621 S 2008-02-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2008-03-28 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Committee 2007-12-17 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-12-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-12-17 Introduced in House IntroReferral 1000 9 Library of Congress A000022 Rep. Ackerman, Gary L. [D-NY-5] GARY ACKERMAN D NY L. 5 N Finance and Financial Sector Business insurance Casualty insurance Commerce Crime and Law Enforcement Insurance companies Insurance premiums Property insurance Terrorism Finance and Financial Sector 00 2007-12-17 Introduced in House 2008-03-19T20:57:45Z Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses.

Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.

]]> Terrorism Risk Insurance Improvement Act of 2007 Display Title Terrorism Risk Insurance Improvement Act of 2007 Short Titles as Introduced Terrorism Risk Insurance Improvement Act of 2007 Official Title as Introduced To amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. Introduced in House 2007-12-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr4721ih/xml/BILLS-110hr4721ih.xml 2008-03-28 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.