Terrorism Insurance Extension in Doubt

DESPITE PLEAS FROM insurance and business executives to extend a federal program that has helped them to offer or buy terrorism risk insurance, congressmen are questioning whether the federal government should continue to offer the program.

The expiration of the 2002 Terrorism Risk Insurance Act could have broad implications for the hospitality industry, officials say, including higher insurance costs and suppression of new construction.

Without an extension, says Bradl

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