So now that Antifa is designated a terrorist organization, when will we get a declaration of a certified act by the Secretary of the Treasury so commercial property owners can access their TRIA coverage under the Terrorism Risk and Insurance Act (TRIA)?

I think POTUS declaration can trigger this, above and beyond the normal riot/civil commotion/vandalism perils for business perils.

Any commercial pnc claims fags out there for comment?

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Terrorism coverage for businesses

Business losses may be covered for terrorism in a variety of ways, depending on the nature of the loss.

Terrorism coverage – Prior to 9/11, standard commercial insurance policies included terrorism coverage as part of the package, effectively free of charge. Today, terrorism coverage is generally offered separately at a price that more adequately reflects the current risk.

Insurance losses attributable to terrorist acts under these commercial policies are insured by private insurers and reinsured or “backstopped” by the federal government pursuant to the Terrorism Risk and Insurance Act (TRIA).

Under TRIA, owners of commercial property, such as office buildings, factories, shopping malls and apartment buildings, must be offered the opportunity to purchase terrorism coverage.

For the terrorism coverage to be triggered under TRIA for commercial policies, a terrorist attack has to be declared a “certified act” by the Secretary of the Treasury. (Note that no such declaration is needed to trigger coverage under home and auto policies because there are no exclusions for terrorism.)

Business interruption insurance – Property damage to commercial buildings from a terrorist attack also may include claims for business interruption. Business interruption insurance (sometimes referred to as business income coverage) covers financial losses that occur when a firm is forced to suspend business operations either due to direct damage to its premises or because civil authorities limit access to an area after the attack and those actions prevent entry to the business premises.

Though it depends on the individual policy, business interruption coverage typically begins after a waiting period or “time deductible” of two to three days and lasts for a period of two weeks to several months.

Business interruption losses associated with acts of civil authority (for example, the closure of certain area around the disaster) can only be triggered when there is physical loss or damage arising from a covered peril (such as explosion, fire, or smoke) within the area affected by the declaration. The covered loss or damage need not occur to the insured premises specifically, however reductions in business income not associated with a covered peril would not be covered. For example, loss of business due to customer fear of traveling to your business location, or closure to the area due to a heightened state of alert would not be covered, while official closure to your area due to a nearby explosion would be covered.

Workers compensation – Workers comp is a compulsory line of insurance for all businesses that covers employees injured or killed on the job, including those injured or killed by acts of terrorism. Coverage for terrorist acts cannot be excluded from workers compensation policies in any state and it is also the only line of insurance that does not exclude coverage for acts of war.

https://www.iii.org/article/understanding-terrorism-insurance