Businesses With Terror Cover At 44%
NU Online News Service, Dec. 16, 10:58 a.m. EST?More than 44 percent of U.S. businesses obtained insurance to cover terrorism risks in the third quarter, a slight decrease from the previous quarter, Marsh Inc. brokerage said.[@@]
The New York-based firm, in its "Marketwatch: Property Terrorism Insurance Update?Third Quarter 2004" report, said the number of companies buying the coverage was still well above the 26 percent buying the protection during the same period a year ago.
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