Missouri’s Insurance Director is warning that worries within the insurance industry about covering losses due to terrorism could hurt the state’s economy. September 11th shook the insurance industry, with many insurers so worried about catastrophic losses they no longer provide terrorism coverage. State Insurance Director Scott Lakin is warning Missouri business executives about the situation. He says it could harm a lof of business partnerships and decisions. He’s calling on Congress to take action to deal with the problem.
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