| Congress Renews Terror Insurance Act
Federal backstops for terrorism insurance, a result of the Sept. 11 attacks, would be extended for another seven years under legislation the House passed Tuesday and sent to President Bush. The House approved the Senate version of the Terrorism Risk Insurance Act after the White House made clear that original House plans to expand the scope of the program would engender a presidential veto. The White House has indicated that Bush will sign the Senate-passed bill. The vote was 360-53. The administration contends that the program, known as TRIA, is a temporary response to the 2001 terrorist attacks and should be phased out in favor of a private market for terrorism insurance. The insurance and real estate industries have pushed for an extension of the program, saying federal guarantees to help cover catastrophic losses are crucial to stimulating the investment needed to keep the economy growing.
City Briefs
Doctors who treat the poor are getting shortchanged on payments from health insurance companies, according to a report out today. A study by the Primary Care Development Corporation found that city health-care facilities in struggling neighborhoods lose between $28 and $226 per patient visit for routine care, like physicals and the flu, because insurance companies don't cover the full cost. City Controller William Thompson and Council Speaker Christine Quinn called for a reform of the system. Kathleen Lucadamo Poker slay suspect indicted A Florida man was indicted by a Manhattan grand jury yesterday on charges that he killed 55-year-old Frank DeSena on Nov. 2 during a robbery of a private poker parlor near Fifth Ave. and 28th St. The indictment of Steven Perez, 21, of Tampa comes three weeks after William DelValle was charged with the murder.
When in Rio at Carnival, head for the Sambadrome
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