President Bush to address business leaders on terrorism insurance

April 8, 2002—President Bush is scheduled to address representatives of business and labor at the White House on Monday April 8, 2002 regarding economic problems resulting from the shortage of terrorism insurance.

A coalition of leaders from the transportation, manufacturing, real estate, construction, hotel, entertainment and retail sectors who have lost terrorism coverage or experienced huge increases in premiums since the terrorist attacks of September 11, will participate. Also included, will be union workers from the building construction trades whose jobs will be lost by the slowdown in construction caused by the terrorism insurance crisis.

Those attending the event include:

  • J.W. Marriott, Jr., Marriott International
  • Nelson C. Riding, Catellus Development Corporation
  • David Creamer, GMAC Commercial Mortgage Corporation
  • James P. Hoffa, International Brotherhood of Teamsters
  • Edward Sullivan, Construction Trades Department, AFL-CIO

For more information, contact the Coalition to Insure Against Terrorism.

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