S. 4395, Insurance Market Stabilization. Quorum's AI analysis reads it as a net benefit — and names who gains.
S. 4395 · Net good
What it does
This bill extends the federal Terrorism Risk Insurance Program (TRIP) for seven additional years, pushing its expiration from 2027 to 2034.
The analysis names property and casualty insurers — and 2 more groups — among the beneficiaries.
The trade-off
Recoupment timing spread across 2029–2036 delays when insurers repay federal funds, effectively providing a multi-year interest-free loan to the insurance industry if a major terrorism event occurs.
Transparency scores 65%, with a medium warning level and no detached riders.
Who is behind it
Filed by Dave McCormick. Cosponsored by Alex Padilla, Andy Kim, Angela Alsobrooks and Bernie Moreno.
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