Following 9/11, Private Insurance Companies Could Not Offer Sufficient Coverage Against Threat of Terrorism; Terrorism Risk Insurance Provides Backstop Against The Risk; Terrorism Risk Insurance Program Is Set to Expire At End of 2014, But Bipartisan Plan
WASHINGTON–(ENEWSPF)–April 10, 2014. U.S. Senators Charles E. Schumer (D-N.Y.), Mark Kirk (R-Ill.), Dean Heller (R-Nev.) and Chris Murphy (D-Conn.) today announced that they have reached a crucial bipartisan agreement on legislation that will re-authorize and extend the Terrorism…
