Tag Archives: government program

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 to [...]

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