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a three- year period, with the president's signature, all state All 50 States Insurance exclusions for terrorism are rescinded, insurers, over the next 90 days, must notify All 50 States Insurance existing commercial policyholders of the existence of the federal backstop, offer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