The mandatory recoupment of the federal share through policyholder surcharges under the Terrorism Risk Insurance Program Reauthorization Act of 2015 was increased from 133% to:

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The mandatory recoupment of the federal share through policyholder surcharges under the Terrorism Risk Insurance Program Reauthorization Act of 2015 was indeed increased to 140%. This rate reflects adjustments made to ensure that the federal government can recover its costs associated with providing coverage during terrorism-related incidents.

The increase from 133% to 140% was implemented to enhance the program's sustainability and encourage private market participation in terrorism risk insurance. It signifies the recognition of the evolving landscape of terrorism risks and the need for a more robust approach to funding these risks through policyholder contributions.

Understanding this adjustment is crucial for anyone involved in the insurance industry, particularly in the context of federal programs that help mitigate the financial impact of terrorism-related claims.

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