Swiss Re has received a favorable verdict more than 2 1/2 years after it filed a declaratory relief action against Silverstein Properties, the master leaseholder of the World Trade Center. On May 10, the federal jury ended its deliberations by …
New Jersey Attorney General Peter Harvey announced that a Union County man who fraudulently obtained more than $42,000 in Sept. 11 survivor benefits by claiming he had been displaced from his Manhattan employment as a result of the World Trade …
The insurance industry has rebounded after the September 11th terrorist attack on the World Trade Center – the largest loss in insurance history, according to the New York Insurance Association (NYIA). Addressing a public hearing before the New York State …
Swiss Re has received a favorable verdict more than two-and a half years after it filed a declaratory relief action against Silverstein Properties, the master leaseholder of the World Trade Center. On Monday the federal jury ended its deliberations by …
Insurance Services Office Inc. (ISO) has asked state regulators to approve conditional commercial policy contract language to address terrorism coverage should Congress not extend the federal terrorism insurance backstop beyond its Dec. 31, 2005, “hard ending.” Congressional action to extend, …
A man is entitled to half his son’s World Trade Center-related death benefits, even though the father abandoned him as an infant, a New York state appeals court decided. The workers’ compensation death benefit of $50,000 due Daniel Hal Crisman …
The Federal Emergency Management Authority has agreed to a plan that could relieve New York City of up to $350 million in costs for debris removal from the Sept. 11 terrorist attacks. The $350 million had become an issue between …
The federal jury that has been deliberating the complex issue of how much Silverstein Properties, the master leaseholder of the World Trade Center, should recover from its insurers has reached a partial verdict. On Thursday the jurors told the court …
Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, released the findings of an in-depth study that provides workers’ compensation, life, and health insurers with key benchmarks for the potential risk of human casualties …
The federal jury in New York, which is deliberating over the terms of the binding agreements governing the recovery for the destruction of the World Trade Center (See previous articles) has ended the sixth day without reaching a verdict. Judge …
