Federal Issues
House Committee Advances TRIA Reauthorization — What REALTORS® Need to Know
February 27, 2026
Late last month, the U.S. House Financial Services Committee took bipartisan action on a key insurance and commercial real estate measure — H.R. 7128, the TRIA Program Reauthorization Act of 2026. Terrorism insurance plays a vital role in real estate financing: without a reliable backstop, insurers might pull back coverage, making it harder and more expensive for commercial properties to secure loans or close deals. Reauthorizing TRIA before its current expiration helps preserve market stability, protect investment, and ensure continued economic confidence in commercial real estate markets.
The Terrorism Risk Insurance Act (TRIA) is a federal backstop established after the September 11, 2001 terrorist attacks to ensure terrorism insurance remains available and affordable for commercial property and casualty coverage. Commerce and insurance markets historically pulled back from offering such coverage after major losses in 2001, making federal involvement necessary to stabilize risk markets and protect lenders and property owners.
The bill now moves to the full House of Representatives for consideration.
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.