In its letter to the Treasury Department, CIAT had pointed out that there was a gross misunderstanding on the topic of nuclear, biological or chemical risks in much of the insurance industry because, "there is no reference, of course, in TRIA to the terms 'nuclear,' 'radiological,' 'biological' or 'chemical.' Treasury Department executive director Jeffrey S. Bragg explained in the responding letter that TRIA calls for the government to take on a certain portion of an insurer's "insured losses" resulting from an act of terrorism, and that those "insured losses" do not exclude nuclear, biological or chemical risks.

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