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Terrorism & insurance the president signed the terrorism risk insurance All 50 States Insurance act legislation on november 26, 2002, whereby private insurers and the federal government share the risk of future losses from terrorism All 50 States Insurance for a three- year period, with the president's signature, all state exclusions for terrorism are rescinded, insurers, All 50 States Insurance over the next 90 days, must notify existing commercial All 50 States Insurance policyholders of the existence of the federal backstop, offer comparable.
Terrorism coverage and specify All 50 States Insurance the cost of that coverage, policyholders have the option to accept or decline the coverage, or negotiate other terms, these All 50 States Insurance provisions apply to new policies written after enactment.
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