NU Online News Service

WASHINGTON--A Government Accountability Office report scheduled for release shortly concludes unequivocally that a terrorist attack using nuclear, biological, chemical or radiation weapons is uninsurable, National Underwriter has learned.

The report added that, "despite the attempts by private insurers to exclude NBCR risks, the marketplace remains significantly vulnerable to a catastrophic NBCR event for the insurance lines of workers' compensation, health, life and fire (following for property coverage in some states, where NBCR losses cannot be legally or practically excluded)."

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