What's the most important issue in congressional discussions on TRIA that could defeat its extension?
- The trigger level for a federal backstop that allows small insurance companies to participate in the program -- 21%.
- The inclusion of nuclear, biological, chemical and radiological attacks -- 42%.
- Expansion of coverage to include group life and farm owners insurance -- 10%.
- Extension of the program to 15 years instead of seven years -- 21%.
- Making a distinction between foreign- and domestic-backed terrorism -- 6%.
This story published in PCI SmartBrief on 12/13/2007
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