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(Bloomberg) — Lawmakers are close to extending a federal program that covers a portion of corporations’ losses from acts of terrorism, according to three congressional aides.

House Financial Services Committee Chairman Jeb Hensarling and Senator Charles Schumer are nearing a deal on a six-year extension, according to the congressional staff members who asked not to be named because a deal hasn’t been announced. Insurers would be reimbursed by the government after their aggregate losses reach $200 million, the aides said.

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