Washington–A key federal official has voiced disagreement with the position of representatives of business and academia over what role government should play in terrorism reinsurance.
The division in viewpoints emerged Friday with the comments of Douglas Holtz-Eakin, director of the Congressional Budget Office.
Mr. Holtz-Eakin was one of several speakers on Capitol Hill at the National Symposium on Terrorism Risk Insurance voicing opinions on whether the federal government should be directly involved in ensuring access to terrorism risk reinsurance or instead should encourage the private market to take up the risk.
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