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December 18, 2014

Terrorism insurance bill blocked

  • The legislation has been critical to economic sectors such as construction, real estate, hospitality and major sports leagues.

    • WASHINGTON (AP) — A Republican senator Tuesday blocked a bill that would have renewed a government program credited with reviving the market for insurance against terrorist strikes after the Sept. 11 attacks.

    The objections of Oklahoma Sen. Tom Coburn, who is retiring this year, dimmed chances for any action in the waning hours of the lame-duck session of Congress.


     
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