For Immediate Release
Office of the Press Secretary
June 18, 2002
Statement by the President
Terrorism insurance is critical to promoting and protecting jobs and
America's economic security. I am pleased that the Senate has now
passed a bill that will help give businesses access to reasonable
terrorism insurance. The final terrorism insurance package must
include reasonable litigation procedures so that Americans who are
victimized by terrorism do not also fall victim to predatory lawsuits
and punitive damages. I look forward to working with the House and
Senate conferees so that I can sign responsible terrorism insurance
legislation into law.
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