In order for governmental funding under TRIA to apply, the peril must be certified as an act of terrorism by?

Prepare for the New York Independent General Adjuster Exam. Practice with flashcards and multiple choice questions, each question offers hints and explanations. Excel on your exam!

The correct answer is based on the requirement set forth in the Terrorism Risk Insurance Act (TRIA). For an event to be classified as an act of terrorism and to qualify for federal funding under TRIA, it must be certified by the Secretary of the Treasury, the Secretary of Homeland Security, and the Attorney General of the United States.

This triad of officials is specified in the legislation to ensure a comprehensive evaluation of the event in question from both a financial and security perspective. The Secretary of the Treasury assesses the economic impact and potential financial liabilities, the Secretary of Homeland Security evaluates the nature and intent of the act, and the Attorney General considers the legal implications and the definition of terrorism.

Other options imply different sets of officials who do not possess the necessary authority or expertise assigned by TRIA to make the determination necessary for federal funding. This underscores the significance of the specified roles in accurately classifying an act of terrorism for the purposes of the act.

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