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ENR > Washington Observer > Senate Chair Seeks Terrorism Insurance Plan - ENR.com | McGraw-Hill Construction

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Senate Chair Seeks Terrorism Insurance Plan - ENR.com | McGraw-Hill Construction

Publication Date: 18-DEC-06
Author:  Tom Ichniowski
Price: $4.95
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Description
The new chairman of the Senate banking committee, Christopher J. Dodd (D-Conn.), wants to find a permanent way for the federal government to help deal with insurance claims from terrorist acts. Under the 2002 Terrorism Risk Insurance Act, the Treasury provides "backstop" coverage when terrorism-related claims exceed certain levels. That program was ...

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