A report suggesting that government reinsurance for terrorism should perhaps be limited to nuclear, biological, chemical and radiological attacks fails to recognize the bigger problem in covering this unpredictable and potentially overwhelming exposure, industry officials charged.

The Property Casualty Insurers Association of America praised the Government Accountability Office study for reinforcing the "growing bipartisan consensus that terrorist attacks against the United States are uninsurable without a federal government role."

However, PCI officials said they "disagree with any suggestion that Congress should limit government support only" to the case of NBCR attacks.

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