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House Passes Terrorism Insurance Bill

The House passes a measure that provides federal insurance in the event of another catastrophic terrorist attack. Under the program, the insurance industry's liability would be capped at $15 billion. The federal government would cover up to 90 percent of claims above the $15 billion cap. NPR's Kathleen Schalch reports.

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Kathleen Schalch
Kathleen Schalch is a general assignment reporter on NPR's national desk. Her coverage can be heard on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition.