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Airlines" cheap terrorism insurance renewed.

Publication: Business Travel News
Publication Date: 22-JAN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
President George W. Bush renewed a federal program that allows airlines to purchase terrorism insurance at below-market prices in 2007, a move that saves carriers at least $350 million. The program, originally authorized by Congress, is critical for airlines because insurers generally canceled coverage one week after the Sept....

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