WASHINGTON – Insurers like The Hartford and Travelers are contemplating what to do following the U.S. Senate’s failure to approve a federal backstop for coverage the insurers offer businesses to protect them from a terrorist attack.
terrorism risk insurance
Posted inPolitics
CT insurers, businesses press balky Congress to approve terrorism risk bill
WASHINGTON – Connecticut’s property and casualty insurers and other vulnerable businesses are urging Congress to beat a Dec. 31 deadline to renew a program designed to help pay for the costs of a terrorist attack. The GOP-led House is balking at considering a bill approved by the Senate in April with strong bipartisan support.
Posted inMoney, Politics
Connecticut insurers have eyes on Washington
Washington – Connecticut insurance powerhouses Aetna, The Hartford and Travelers have different lobbying agendas in Washington, but when it comes to their clout and the handing out of political cash, the companies are very similar.