Survey: Building Owners Go Bare On Terror Cover

NU Online News Service, Sept. 24, 9:49 a.m.EST?Twenty-seven percent of property owners and managersin a survey said they were self insuring or "going bare" forterrorism coverage for all or part of their portfolios.

Building Owners and Managers Association International said thatwas the "most disturbing" finding in its survey of membershipBOMA'spoll focused on the availability of terrorism insurance in today'smarketplace. BOMA is a Washington, D.C.-based advocacy, educationaland research network of the commercial real estate industry.BOMAsaid 27 percent of the respondents said they could not obtainterrorism insurance at any cost.

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