Kudos to the President for proposing to scale back terrorism reinsurance
Kudos to the President for his proposal to scale back the subsidy for terrorism reinsurance. I wish he had gone all the way to eliminate this program during this term, but I’ll take the partial win. After the 9/11 attacks, parts of the market for insurance against terrorist attacks evaporated. Insurers rely on statistical data [...]
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20 June 