December 6, 2005

Terror insurance bill seen in House this week

WASHINGTON (Reuters) - Legislation renewing a government
backstop on terrorism losses is expected to come to the floor
of the U.S. House of Representatives this week, the chamber's
acting majority leader, Roy Blunt, said on Tuesday.

"This week ... we'll, I think under the suspension
calendar, have TRIA (Terrorism Risk Insurance Act)," Blunt, a
Missouri Republican, told reporters. Debate is limited to 40
minutes on bills on the suspension calendar.

The Senate has already passed its version of the
legislation, which would renew a program set to expire on
December 31.