TITLE

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

AUTHOR(S)
Vadum, Matthew
PUB. DATE
November 2002
SOURCE
Bond Buyer;11/19/2002, Vol. 342 Issue 31516, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
8672921

 

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