The Terrorism Risk Insurance Act has been extended to the end of which year?

The correct answer reflects that the Terrorism Risk Insurance Act (TRIA) was extended through 2020. Originally enacted in response to the September 11 attacks, TRIA was designed to create a federal backstop for insurance claims related to acts of terrorism. It has undergone several extensions since its initial implementation.

By extending TRIA to 2020, Congress aimed to provide continued support for the insurance marketplace and ensure that coverage for acts of terrorism remained accessible. This extension was critical for maintaining stability in the insurance sector and offering protection to policyholders against potential terrorism-related losses.

The other potential years for extension (2019, 2021, and 2022) were considerations at different times, but they do not reflect the confirmed extension period of TRIA as it stood through 2020.