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Who should insure against terrorism? Terrorism insurance promotes economic stability. But some disagree on the government's role.
- Date: October 30, 2006
- QUOTE: the Terrorism Risk Insurance Act (TRIA) - was temporary. And while the law has been extended once, it will expire at the end of 2007. Now an ideologically charged debate has sparked about whether the federal government should have a permanent role in the terrorism insurance business. The debate comes down to who should provide such insurance: the private marketplace or a public-private partnership?
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