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ENR > Washington Observer > Insurance: Terrorism Coverage Extension Faces Veto Threat - ENR | McGraw-Hill Construction

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Insurance: Terrorism Coverage Extension Faces Veto Threat - ENR | McGraw-Hill Construction

Publication Date: 19-SEP-07
Author:  Pam Hunter and Tom Ichniowski
Price: $4.95
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Description
The White House has threatened a veto over a bill heading to the House floor that would extend for 15 years the federal “backstop” coverage for terrorism-related insurance claims. The Office of Management and Budget said Sept. 17 that an extension of the federal terrorism insurance program should be “temporary and short-term,” and ...

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