Terror Bill Should Pass by April 30?
Sunday, April 14th, 2002 CatastropheThough other Capital insiders are less optimistic, Sen. Christopher Dodd thinks impediments to passage of a government-backed terrorism insurance measure can be negotiated away in a hurry. "I think, I believe we can do this in two weeks," Dodd confidently proclaimed to the annual Legislative Conference of the Independent Insurance Agents of America. The Connecticut Democrat also told the conference he couldn't guarantee that an optional federal charter program won't eventually pass into law, though it won't be in this Congress and perhaps not the next. In any event, he said, "we're going to proceed very, very carefully", to avoid serious unintended consequences as a result of precipitous action. He added that the concerns of the Big I will be "paramount".
