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Terrorism Re Bill Needs Voter Push

Washington

Members of Congress will need to hear from their voting constituents if terrorism reinsurance legislation is to have a real chance of enactment this year, Bush Administration officials reportedly told industry representatives.

Industry sources told National Underwriter that during a conference call between administration officials–including Karl Rove, President George W. Bushs domestic policy advisor–and insurance, real estate and banking representatives, White House officials said there must be a perception of widespread economic disruption for Congress to take up the issue again when it returns from recess on Jan. 23.

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