World Trade Center News

Immune System Cancer Found in Young 9/11 Officers

Researchers say a small number of young law enforcement officers who participated in the World Trade Center rescue and cleanup operation after the Sept. 11, 2001 terror attacks have developed an immune system cancer. The numbers are tiny, and experts …

Report on Fatal South Carolina Sofa Store Fire Due in Fall

A federal study of a blaze that killed nine firefighters in a South Carolina city two years ago is expected to released by early fall. The National Institute of Standards and Technology is studying the June 2007 blaze which gutted …

AIG to Sell 2 Manhattan Buildings for $150 Million

American International Group Inc. agreed to sell two downtown Manhattan buildings, including its headquarters, for a total of $150 million, a source familiar with the matter said. The two buildings, which are located at 70 Pine Street and 72 Wall …

New York Investment Firm, South Korean Bank to Buy AIG Buildings

A consortium including a New York investment firm and a Korean bank agreed to buy American International Group Inc.’s New York headquarters, the broker, CB Richard Ellis, said Tuesday. Youngwoo & Associates and Kumho Investment Bank agreed to buy the …

Declarations

The Price of Feedom “What else is new; it’s New Jersey. Raise fees, that’s all we do.” —Sean Tomlin, of Millville, New Jersey, commenting on dozens of proposed fee hikes for motor vehicle operators in the Garden State. The Motor …

Building Collapses at New York City Construction Site

A five-story building collapsed at a lower Manhattan construction site on Thursday, but fire officials said it appeared no one was inside. Emergency crews with a dog were sifting through the building’s rubble and were going through a neighboring building …

A New York State of Mind

Superintendent Eric Dinallo Redefines the Role of Regulator in the Insurance Industry New York Insurance Superintendent Eric Dinallo was thrust into the national spotlight last year as the insurance industry’s then-largest company, American International Group, began its precipitous collapse. It …

P/C Insurers Profitable in 2008 Despite Big Hits From Catastrophes, Financial Crisis

Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C insurers earned $2.4 billion in net income after taxes in 2008, but profits and profitability both tumbled as catastrophe losses, …

Disaster Planning By Businesses Helps Even When Minor Disruptions Hit

The harsh weather of spring, including hard rains, flooding and tornadoes, has already hit parts of the Midwest and the South. It’s a reminder to small business owners everywhere that they need to be ready when disaster strikes. Preparing for …

P/C Insurers Profitable in 2008; Take Hit From Catastrophes, Financial Crisis

Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C insurers earned $2.4 billion in net income after taxes in 2008, but profits and profitability both tumbled as catastrophe losses, …