WASHINGTON—The insurance industry, supported by morethan 400 trade groups representing all types of businesses, sent aletter late yesterday urging the House to “move swiftly” in passinglegislation that would reauthorize the federal backstop forterrorism risk insurance.

“We write to you today to urge the House to move forward inreauthorizing this critical program as soon as possible,” theletter said.

The letter notes that the “tragic” terrorist attacks on 9/11“fundamentally changed the landscape” for insuring against the riskof terrorism in the U.S.

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