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The Coalition to Insure Against Terrorism warns that if TRIA isn't re-upped, trains will stop running.

(Bloomberg Politics) — What’s at risk if Congress fails to extend government-backed terrorism risk insurance before adjourning this week? According to a coalition of athletic enterprises, insurance companies, developers and businesses, just about everything. 

The program traces its lineage to Sept. 11, 2001, when the strikes on the World Trade Center in New York resulted in more than $30 billion in insured losses, the most in history. After that, insurers began excluding terrorist attacks from policies.

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