Working Group Seeks Input On Terrorism Insurance Market

Law360, New York (July 16, 2013, 7:13 PM EDT) -- President Barack Obama's working group for financial markets has issued a call for public comments that will shape an upcoming report to Congress on the availability of terrorism coverage, according to a Tuesday notice.

The working group plans to study the long-term availability and affordability of terrorism insurance, as Congress mulls whether to renew for the third time a federal reinsurance program that was set up to combat the chilling effect of the 9/11 attacks on the terrorism insurance market.

"All views regarding the appropriate role...
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