Minn. Excludes Terror Cover From Fire Policy
NU Online News Service, April 8, 3:58 p.m. EDT?Minnesota Gov. Tim Pawlenty today signed into law a bill excluding damage from a terrorist attack from standard fire policies.
The state now no longer requires standard fire policy insurance contracts to cover a fire loss caused by a certified terrorism act if the insured refused coverage offered as mandated by the Terrorism Risk Insurance Act.
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