I rise in support of the Turner amendment. This amendment provides a reasonable balance between the protections needed by the liability insurance market and the access to compensation needed by the public and certain industries, such as the airlines. The Turner amendment uses language which has received strong support from both sides of the aisle, language that was contained in the bill reported by the Committee on Government Reform. It provides a sensible alternative to the bill, and particularly to the Army amendment we just debated. H.R. 5005, the Homeland Security Act, only requires sellers to carry liability insurance to the extent that it is reasonably available from private sources at prices and terms that will not unreasonably distort the sales prices of sellers' antiterrorism technologies. That simply means that if a company cannot obtain insurance that is reasonably priced, it does not need to have any insurance whatsoever and victims cannot recover one penny for their injuries. Amazingly, the Army amendment is even worse. It would give total immunity from lawsuits for any kind of wrongdoing, including willful and malicious corporate misconduct.
Editor's note · Context
Discussing the Turner amendment related to liability insurance in the Homeland Security Act.
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