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Terrorism Re Extension Needed, Senator Contends


Although he has not heard any discussion yet in the U.S. Senate on extending the Terrorism Risk Insurance Program, Sen. Saxby Chambliss, R-Ga., said he believes Congress will have to do something to continue to provide reinsurance.

“I dont see how we cant,” Sen. Chambliss, who co-chairs the insurance caucus in the Senate, told an industry group.

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