In January 2013, the real estate industry began in earnest to educate Congress on the need to act quickly to extend the federal terrorism risk insurance program set to expire at the end of 2014. Now, midway through the 2014 legislative session, we still have no concrete timetable for action. With the primaries already well underway and the midterm elections fast approaching, the legislative work days remaining in the session are quickly dwindling. Making the situation even
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