Senate panel OKs 7-year terror backstop extension


Senate panel OKs 7-year terror backstop extension

WASHINGTON?Legislation to extend the federal terrorism insurance backstop received two big boosts Wednesday when the Senate Banking and Housing and Urban Affairs Committee approved a seven-year extension and the Bush administration said it would not oppose the committee-approved bill. The panel...

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Senate passes 7-year terror backstop extension

WASHINGTON?The U.S. Senate gave its approval Friday morning to legislation that would extend the federal terrorism insurance backstop for seven years beyond its scheduled Dec. 31 expiration. The vote came...

House panel OKs terror backstop extension

WASHINGTON?The House Financial Services Committee approved an amended version of the Terrorism Risk Insurance Revision and Extension Act late Wednesday afternoon. The amended bill passed by a vote of 49...

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