Changes made to the recently extended Terrorism Risk InsuranceAct will not require any modifications to ISO's portfolio ofterrorism insurance endorsements and related rules, the companysaid Tuesday.

"Revisions to ISO's portfolio of terrorism endorsements andrelated rules are not necessary in response to TRIA's extension,"said Kevin B. Thompson, senior vice president for Jersey City,N.J.-based Insurance Services Office. "Since the definition of acertified act of terrorism has not changed, the ISO program alreadycomplies with the new law, and there is no immediate need to revisecoverage forms or endorsements."

Congress passed the extension law shortly before adjourning forthe holidays, and President George W. Bush signed the bill on Dec.22. In addition to extending the program for two years, thelegislation also makes several changes designed to reduce thepotential exposure for the federal government and shift the burdento insurers.

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