No Terrorism Insurance? No Problem, Moody's Report Says

Vadum, Matthew
November 2002
Bond Buyer;11/19/2002, Vol. 342 Issue 31516, p4
Trade Publication
Reports that a failure of the U.S. Congress to approve a terrorism insurance package before adjourning for the year 2002 will not result in ratings changes for most municipal debt in the country. Pending Congress approval of a measure that would forbid insurers to exclude coverage loses caused by terrorist acts; Factorization of the threats posed by terrorism to municipal bonds by ratings agencies.


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