Terrorism Bill Good And Bad For Insurers: Fitch
NU Online News Service, Nov. 25, 11:48 a.m. EST?If another costly terrorism event occurs, the Terrorism Risk Insurance Act that awaits President Bush's signature should help stabilize insurers ratings, Fitch Ratings in Chicago said.
But the company warned it could also leave some insurers in an exposed situation for up to 120 days, while arrangements with their policyholders are pending.
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