Many insurers--perhaps too eager for a long-term extension of the Terrorism Risk Insurance Act--have signed off on a proposal in Congress to force the industry to cover not only "conventional" events, but potentially far more devastating nuclear, biological, chemical and radiological attacks. NU Editor In Chief Sam Friedman thinks that would be a huge mistake, both philosophically and economically. Check out his reasoning and offer your own views on his blog at www.property-casualty.com.
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