Terrorist Risk Insurance Congressional Hearing

How the insur. industry should respond to risks posed by potential terrorist attacks & the extent to which the gov't. should play a role alongside the industry to address these risks, in light of of 9/11, & how these decisions will effect insur. coverage & premiums on property & casualty reinsur. contracts as they come up for renewal. Witnesses: Bill Nelson, Sen., FL; Paul O'Neill, Sec., Dept. of the Treasury; R. Glenn Hubbard, Chmn., Council of Econ. Advisers; Kenneth Froot, Andre Jakurski Prof. of Finance, Harvard Univ.; Kathleen Sebelius, Nat. Assoc. of Insur. Comm'r., Insur. Comm'r., KS; J. Robert Hunter, Dir. of Insur., Consumer Fdn. of America; & Thomas McCool, Managing Dir., Financial Markets & Community Development, GAO.