RealNews

Schools Considering Terrorism Insurance

This area along the Monongahela River seven miles east of Pittsburgh used to be known as “Victory Valley” for turning out the steel used in American battleships — but it’s hard to believe it would be a target of a terrorist attack now. The mills are gone and many of the people have left. The biggest thing in Homestead these days is a huge shopping center. But Steel Valley School District officials — believing it is better to be safe than sorry — recently bought terrorism insurance, answering for themselves a question districts nationwide are facing: Can they afford not to be covered? “A threat or a target? No, I can’t think of anything here,” said Janice Glunk, superintendent of the 2,300-student district. “But you never know with how crazy the world is.” Under a federal law passed in November, insurance companies are required to offer their policyholders coverage for terrorist attacks — coverage many already had but never thought about before Sept. 11, 2001. Full Story

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