Maloney says terror risk insurance law extended for six years
U.S. Rep. Carolyn B. Maloney (D-North Brooklyn-Manhattan) is hailing the senate’s passage of a bill to help business buy insurance against terrorism.
On Jan. 8, the senate voted to reauthorize the Terrorism Risk Insurance Act and extend the program for six years. The bill had been approved by the house in December.
After the senate action, the legislation was sent to President Barack Obama for his signature.