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Terror Price Battles Begin; D.C. Regulator Questions DataWashington

The lack of solid historical data on terrorism risks could lead to disputes between insurance companies and insurance regulators.

In the District of Columbia, Commissioner Larry Mirel blasted data recently developed by Jersey City, N.J.-based Insurance Services Office as “highly speculative.” According to the ISO data, businesses located in the District of Columbia were deemed 100 percent more likely to be targeted for a terrorist attack than their counterparts just across the borders in Maryland and Virginia.

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