for immediate release april 16 2002 contact barry meiners ciab director of marketing communications 202 783 4400 day com commercial insurance market index indicates need federal terrorism backstop distress spreading to critical sectors the economy washington council s first quarter released today confirms last week announcement by president bush that congress failure enact a terrorist acts is deep into nation six months after attacks on world trade center and pentagon sept 11 premiums all types continue increase coverage limits are dropping troublesome trends developing in such as construction manufacturing transportation 1 most accurate measure changes price available shows insurers have responded placing sharp restrictions their risk exposures not only but also variety hazards including asbestos mold windstorms earthquakes others industry leaders testified before absent future would