Policyholders Launch Coalition to Seek Passage of Terrorism Ins Plan

Thursday, February 14th, 2002 Catastrophe

A number of leading trade associations and individual companies have joined together to speak for business insurance policyholders as part of a continuing effort to win passage of a terrorism insurance plan on Capitol Hill. Among the members‘ concerns are that without Congress stepping in, terrorism-related coverage will be an option only at high rates, and maybe not available at all. The groups, representing significant policyholders throughout the transportation, real estate, manufacturing, construction, entertainment and retail sectors, have formed the Coalition to Insure Against Terrorism (CIAT).

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http://www.insurancejournal.com/html/ijweb/breakingnews/national/na0202/na0214023.htm

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