A representative for smaller insurance companies voiced concern last week over the ability of such carriers to survive if they are forced to provide coverage for nuclear, biological, chemical and radiological attacks as part of an extended Terrorism Risk Insurance Act.

However, the conflict between small and large insurers over a provision in the proposed House bill that would provide explicit federal support for NBCR attacks was the only point splitting the industry.

In general, industry and policyholder representatives were highly supportive of H.R. 2761--the Terrorism Risk Insurance Revision and Extension Act of 2007.

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