AL Insurance Bulletin issued 2008-01-02
Terrorism Risk Insurance Program Reauthorization Act of 2007
5
This voluntary expedited filing system shall remain in place until April
1, 2008. If an insurer does not want to take advantage of the expedited filing
system (or cannot file prior to April 1, 2008) then it must submit a normal filing,
subject to regular filing requirements, including any prior approval or waiting
period.
Effective Date
This bulletin shall take immediate effect and shall expire on December
31, 2014, unless Congress extends the duration of the Act. The expedited filing
procedures discussed in this bulletin shall expire on April 1, 2008.
Attachments:
Expedited Filing Transmittal Document
Model disclosure notice
Model disclosure notice