ISO Sets Forms, Loss Costs For Terror Cover
NU Online News Service Nov. 25, 12:56 p.m. EST? Anticipating President Bush's signature on the Terrorism Risk Insurance Act of 2002, the Insurance Services Office, Inc. said it will file commercial lines policy forms and rating information for its members.
The measure, which won final Senate approval last week, provides financial backing by the federal government for insurance losses certified by the Secretary of the Treasury as "acts of terrorism."
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