116 STAT. 2326 PUBLIC LAW 107-297—NOV. 26, 2002 (9) PERSON.— The term "person" means any individual, business or nonprofit entity (including those organized in the form of a partnership, limited liability company, corporation, or association), trust or estate, or a State or political subdivision of a State or other governmental unit. (10) PROGRAM.— The term "Program" means the Terrorism Insurance Program established by this title. (11) PROGRAM YEARS.— (A) TRANSITION PERIOD. —The term "Transition Period" means the period beginning on the date of enactment of this Act and ending on December 31, 2002. (B) PROGRAM YEAR i.— The term "Program Year 1" means the period beginning on January 1, 2003 and ending on December 31, 2003. (C) PROGRAM YEAR 2.— The term "Program Year 2" means the period beginning on January 1, 2004 and ending on December 31, 2004. (D) PROGRAM YEAR 3. —The term "Program Year 3" means the period beginning on January 1, 2005 and ending on December 31, 2005. (12) PROPERTY AND CASUALTY INSURANCE.—The term "property and casualty insurance"— (A) means commercial lines of property and casualty insurance, including excess insurance, workers'compensation insurance, and surety insurance; and (B) does not include— (i) Federal crop insurance issued or reinsured under the Federal Crop Insurance Act (7 U.S.C. 1501 et seq.), or any other type of crop or livestock insurance that is privately issued or reinsured; (ii) private mortgage insurance (as that term is defined in section 2 of the Homeowners Protection Act of 1998 (12 U.S.C. 4901)) or title insurance; (iii) financial guaranty insurance issued by monoline financial guaranty insurance corporations; (iv) insurance for medical malpractice; (v) health or life insurance, including group life insurance; (vi) flood insurance provided under the National Flood Insurance Act of 1968 (42 U.S.C. 4001 et seq.); or (vii) reinsurance or retrocessional reinsurance. (13) SECRETARY.—The term "Secretary" means the Secretary of the Treasury. (14) STATE. — The term "State" means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, each of the United States Virgin Islands, and any territory or possession of the United States. (15) UNITED STATES.— The term "United States" means the several States, and includes the territorial sea and the continental shelf of the United States, as those terms are defined in the Violent Crime Control and Law Enforcement Act of 1994 (18 U.S.C. 2280, 2281).
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