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Firefighters work beneath the destroyed mullions, the vertical struts which once faced the soaring outer walls of the World Trade Center towers, after a terrorist attack on the twin towers in New York, on Sept. 11, 2001. Firefighters work beneath the destroyed mullions, the vertical struts which once faced the soaring outer walls of the World Trade Center towers, after a terrorist attack on the twin towers in New York, on Sept. 11, 2001.

Today, the U.S. House of Representatives Financial Services Committee passed a bipartisan bill to extend the Terrorism Risk Insurance Program (TRIP) for seven years with minimal changes to the program in a unanimous 57-0 vote.

The bill also included a critical amendment that mandates for a study to be conducted by the U.S. Government Accountability Office (GAO) on cyber terrorism, including whether the current risk-share system is appropriate for a cyber terrorism attack, and whether cyber risk coverage can be adequately priced by the private market.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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