Terrorism Bill Goes to Senate Floor
Friday, June 14th, 2002 Catastrophe Legislation & RegulationThe Alliance of American Insurers (AAI) called June 13 for passage of the terrorism insurance bill (S 2600) now under debate on the Senate floor. "Senate Democratic leaders obtained unanimous consent yesterday to begin debate on the terrorism insurance bill with no agreement on the number of amendments to be considered," David Farmer, Alliance senior vice president of federal affairs, remarked. "We expect a number of amendments to be raised. Our understanding is that the Majority Leader intends to allow extended discussion and amendments before moving to end debate, since the legislation has not been considered in committee. "The Alliance member companies are calling for the bill to be swiftly agreed upon and moved to conference.
External References & Further Reading
http://www.insurancejournal.com/news/national/2002/06/14/16982.htm
