Terrorism Risk Insurance Program Reauthorization Act of 2015

[AI summary unavailable — showing source text] Terrorism Risk Insurance Program Reauthorization Act of 2015 Amends the Terrorism Risk Insurance Act of 2002 to extend the Terrorism Insurance Program through December 31, 2020, and to revise Program requirements. Decreases the federal share of the compensation for the insured losses of an insurer during each Program year by 1% until it equals 80% of the portion of the amount exceeding the annual insurer deductible. Increases the insurance marketplace aggregate retention amount under the Program (currently $27.5 billion) by $2 billion per calendar year until such amount equals $37.5 billion. Directs the Secretary to study biennially the small insurers participating in the Program, identifying competitive challenges they face in the terrorism risk insurance marketplace. National Association of Registered Agents and Brokers Reform Act of 2015 Amends the Gramm-Leach-Bliley Act to establish the National Association of Registered Agents and Brokers as an independent nonprofit corporation, without contingent conditions, to prescribe licensing and insurance producer qualification requirements and conditions on a multi-state basis. Business Risk Mitigation and Price Stabilization Act of 20…