Uncertainty Related to Expiration of the Terrorism Risk Insurance Act of 2002: Exclusions Related to Acts of Terrorism

This bulletin informs insurers doing business in Vermont of the Department's decision to:

• approve certain conditional coverage limitations for acts of terrorism
• put insurers on notice that determination of certain contractual thresholds is subject to disclosure and review by this office
• provide a voluntary procedure for insurers to use to expedite the filing and timely review of allowable endorsements.