One of things the insurance industry hates most is uncertainty.The ability to accurately assess and predict risk with reasonablecertainty is key to success in the insurance business.

Imagine the shock whenever attempts are made to predict whatCongress will do. Congress often seems to specialize in creatinguncertainty, especially regarding insurance issues.

Most observers would have predicted that the Terrorism RiskInsurance Act (TRIA) would be renewed without difficulty longbefore its Dec. 31 expiration.

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