House Okays Senate Terror Backstop Bill

His language would increase terrorism risk insurance capacity for properties in urban areas seen as prime terrorism targets where there is currently a shortage of such capacity available, even with th

By Arthur D. Postal | Updated on December 18, 2007

WASHINGTON–The House, despite angry objections from some members, voted today to approve the Senate version of legislation extending the federal backstop on terrorism insurance for seven years.

Passage came on a 360-53 vote. On the losing side were 50 Republicans and three Democrats.

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