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March 21, 2006

Auto, Home, Life, and Terrorism Insurance?

You know things are going well in Iraq when people start buying terrorism insurance at exorbitant rates. Then again, there's a reason for that, as one 23-year-old client, who paid the equivalent of $90 for his policy, said: "Am I worth only five million dinars [about $3,500]? It is not a solution. But Iraqis can be attacked by anyone, just walking on the street: Americans, insurgents, the Iraqi Army."

Posted by Mike Tennant at March 21, 2006 02:51 PM

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