Terrorism Risk Insurance Act Filing Instructions

To submit this form, complete all required fields and include necessary exhibits and data. Submit the completed form and supporting documents to the California Department of Insurance via their online submission portal or send physical copies to their address: 300 Capitol Mall, Sacramento, CA 95814. For assistance or inquiries, contact the CDI at (800) 927-4357 or email your questions to CDI.TerrorismFilings@insurance.ca.gov. Ensure all submissions are accurate and complete to avoid delays.

Important dates for this form in 2024 and 2025 include: January 1, 2024: New filing requirements take effect. December 31, 2024: Deadline for submitting rate, form, and rule filings for 2024. January 1, 2025: Renewal of terrorism coverage and updated filing requirements.

The purpose of this form is to provide insurers with detailed instructions on how to comply with the Terrorism Risk Insurance Act (TRIA) of 2002. It outlines the statutory frameworks, mandatory requirements, and filing procedures necessary for submitting rate, form, and rule filings. By following these instructions, insurers can ensure their filings meet all regulatory requirements and are reviewed and approved promptly by the relevant authorities.

• 1. Line of Insurance: Specify the line of insurance for the filing; submissions must be made for each line of insurance separately.
• 2. Certified vs Non-Certified Filings: Indicate whether the filing pertains to certified acts of terrorism or non-certified acts, as different requirements apply.
• 3. Statutory Framework: Detail the statutory framework under TRIA, including state authority over rates and requirements for rate justification and form compliance.
• 4. Application Transmittals and Approval Letters: Submit the required California rate filing applications (CA-RA for rates, CA-FA for forms/endorsements/notices) and existing applications for Workers' Compensation.
• 5. Type of Filing: Select the type of filing (e.g., both rate and form, rule filing) and include relevant rates, rules, forms, endorsements, and disclosure notices.
• 6. Historical Data: Provide historical loss and expense data specific to the entire line of insurance, including any terrorism-related data if applicable.
• 7. Prospective Pricing Data: Include credible terrorism loss and expense data or rely on advisory organization rates/statistical agent rates for rate justification.
• 8. Disclosure Notice: For certified acts, submit a mandatory disclosure notice of availability and price, clearly indicating the premium charge.
• 9. Form/Endorsement Coverage: Ensure that terrorism coverage is made available without exclusions, and insurer participation is mandatory for all covered commercial lines.

Failure to submit this form correctly can result in the rejection of your filing by the intake unit, delaying the review and approval process.

• Non-Compliance: The filing may be rejected if it does not meet statutory requirements or lacks necessary forms, exhibits, or data.
• Delay in Approval: Incomplete or non-compliant filings will toll the review process, leading to delays in obtaining approval.

• 1. Insurance Rate Filings: Submit rate filings for individual lines of insurance, following the specific instructions provided.
• 2. Certified vs Non-Certified Filings: Indicate the nature of the filing (certified or non-certified) and submit accordingly.
• 3. Application Transmittals: Submit necessary application transmittals and approval letters as part of the filing process.
• 4. Historical Data Submission: Provide historical loss and expense data specific to the line of insurance.
• 5. Disclosure Notice: Submit the mandatory disclosure notice for certified acts, including the premium charge.