SECTION: Section A; Page 6, Column 1

LENGTH: 75 words

HEADLINE: O'NEILL ISSUES APPEAL TO HOUSE, SENATE ON TERROR INSURANCE

BYLINE: BY MICHAEL SCHROEDER

JOURNAL-CODE: WSJ

ABSTRACT:

Treasury Sec Paul O'Neill urges Senate Banking and House Finance Committees in separate hearing to grant president emergency powers as part of terrorism-insurance legislation, but lawmakers are noncommital; businesses could start receiving insurance-cancellation notices by mid-November as major reinsurance firms have said they will not renew terrorism coverage after Dec 31, when 70% of commercial policies with terrorism provisions expire (M)

LOAD-DATE: October 26, 2001