Senate passes 7-year terror backstop extension

by Mark A. Hofmann (mailto:mhofmann@BusinessInsurance.com) at Business Insurance: Breaking News

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 shortly before the Senate was scheduled to break for its Thanksgiving recess. The Senate bill...

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