{"data":{"id":"us/31-cfr-50.110","jurisdiction":"us","citation":"31 CFR 50.110","heading":"Cap on annual liability.","body":"Pursuant to section 103 of the Act, if the aggregate insured losses exceed $100,000,000,000 during a calendar year:\n(a) The Secretary shall not make any payment for any portion of the amount of such losses that exceeds $100,000,000,000;\n(b) An insurer that has met its insurer deductible shall not be liable for the payment of any portion of the amount of such losses that exceeds $100,000,000,000; and\n(c) The Secretary shall determine the pro rata share of insured losses to be paid by each insurer that incurs insured losses under the Program.","path":["Title 31—Money and Finance: Treasury","Subtitle A—Office of the Secretary of the Treasury","PART 50—TERRORISM RISK INSURANCE PROGRAM","Subpart L—Cap on Annual Liability"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"df308976aa2f020e18adb863666ea3b9e3e8b6bdb33ca3c6afe8ff6a23b231d9","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-50.104","next":"us/31-cfr-50.111"},"notice":"GroundRules: Original legal text. Not legal advice."}