On December 27, 2007, President Bush signed legislation extending TRIA for an additional 7 years until December 31, 2014. Hailed as a successful partnership between the private and public sectors, the Act provides federal protection to the insurance industry against potentially catastrophic terrorism related risks. TRIA was originally enacted in 2002 and renewed once before in 2005.

http://www.insurancejournal.com/news/national/2007/12/27/85948.htm