Fears Over Terrorism Exclusions May Be Unfounded

Law360, New York (February 2, 2011, 7:48 PM EST) -- Massachusetts' move to join the raft of states that let insurers exclude standard coverage for fires caused by terrorism has sparked concern among policyholders that decades-old case law limiting exclusions could be made obsolete — but such fears are premature, attorneys say.

The latest law, signed by Mass. Gov. Deval Patrick in January, lets property insurers remove coverage for terrorist-caused fires as a standard policy feature but requires that such coverage still be offered at a premium. It follows similar legislation that has passed in 14...
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