Congress approved a law (P.L. 110-160) reauthorizing the government-based terrorism insurance program for seven more years. Under the law, the terrorism insurance program, which was slated to expire at the end of 2008, will be extended until the end of 2015. A study of how to move terrorism insurance into the private market had concluded that private terrorism insurance was highly unlikely in the foreseeable future and that the government program was the only way to provide such insurance.
Australia has enacted a new amendment that will broaden the definition of personal information and require more transparency from organizations on how that personal information is stored. The new law, The Privacy Regulation 2013, is part of the broader Privacy Amendment Act of 2012 and applies to companies with revenues of more than AUD 3 million that collect information, such as names, contact details, payment information, or other details related to a specific person, for any purpose.