Earlier this month Rep Flood (R,NE) introduced HR 7128, the TRIA Program Reauthorization Act of 2026. The bill would reauthorize the Terrorism Risk Insurance Act (TRIA) program through 2034 and make changes to program’s certification process. No new funding is authorized.
Markup Hearing
On January 22nd, 2026 the House Financial Services Committee held a business meeting that considered HR 7128, along with eight other bills. Substitute language as offered by Flood. Four amendments were offered. All four were rejected; two by near party-line votes of 18 to 34, one by a vote of 2 to 49, and one by voice vote. The amended version of the bill as adopted by a vote of 51 to 2.
Moving Forward
The bill is now ready for consideration by the full House. With the strong bipartisan support seen in Committee, the bill is likely to be considered under the suspension of the rules process. I would expect to see similar bipartisan support in that vote.
For more information on the provisions of this bill, including a commentary on cybersecurity insurance coverage, see my article at CFSN Detailed Analysis - https://patrickcoyle.substack.com/p/hr-7128-introduced-tria-reauthorization - subscription required.
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