A new genus and species of predaceous water bugs, Triassonepa solensis n. gen. n. sp., is described from the Triassic Cow Branch Formation of Virginia and North Carolina (USA) based on ~36 adult specimens and 51 nymphs. This species is the oldest known member of the extant family Belostomatidae. It is placed in a new genus based on the unique structure of the raptorial foreleg, in which the tarsus is elongate and opposed to the tibia + femur. The fossil record of this family is reviewed and the paleoenvironmental implications of the species assemblage preserved in the Cow Branch Formation are discussed.