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.

House Passes Terrorism Insurance Bill

House Passes Terrorism Insurance Bill

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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.