Federal Terrorism Backstop Delayed?

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Business Insurance reports that the bill to extend the current terrorism insurance backstop may be delayed until after the mid-term elections.  Although the current program doesn’t expire until December 31st, it just seems like there should be more legislative urgency to put this matter to rest and reassure insurance carriers and buyers alike.  After all, terrorism is very much in the news right now and we’re coming up on the September 11th anniversary.

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One thought on “Federal Terrorism Backstop Delayed?

  1. Pingback: TRIA Extended – Is that a good thing? | Ferris State Risk Management and Insurance Academics

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