There is something to be said for the government helping to create an insurance policy to cover corporations that can’t get insurance for hugely catastrophic terrorist attacks. (Although it would be nice of them to acknowledge this as one more instance of public sector superiority to the private sector.)
But hundreds of corporations want to have it both ways. The chemical industry, for example, has fought off mandatory anti-terror protection measures in favor of voluntary guidelines. Which they generally ignore.
Bad enough. But they also want government anti-terrorism insurance to immunize them if people die because of their failure to implement defenses against terrorist attacks.
Pick a side, guys. Either implement recommended anti-terrorism measures or self insure. Don’t ask the taxpayers to pick up the check for your irresponsible greed.
Any renewal of terrorism insurance should contain a provision that prevents anyone from receiving payments under the program if they have failed to comply with all voluntary federal guidelines and mandatory requirements.