9/11 disaster payout set record, study says
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Victims of the Sept. 11 attacks received more than $38 billion in compensation - a figure 30 times the size of the largest previous disaster payout and one that is unlikely to be matched, according to a Rand Corp.
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JP Morgan Chase is to be paid hundreds of millions of dollars for relocating near the World Trade Center, reports say.
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Boeing's announcement that a laptop theft exposed information on 382,000 current and former employees nudges the total number of exposed records in the United States past the 100 million mark. Since last year. In 27B Stroke 6.
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Insurance claims for damage caused in  the United States this year by four major hurricanes may reach  $23 billion, surpassing payments on claims for 1992's Hurricane  Andrew, an insurance industry group said on Friday.
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NEW YORK, July 17 -- Ailing rescue workers from the World Trade Center site filed a lawsuit Tuesday  charging that a $1 billion insurance fund set up after Sept. 11, 2001, violated a congressional mandate to pay their injury claims and instead spent millions of dollars fighting those claims.
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More than three years after the  Sept. 11 attacks, the United States is still struggling to  understand how al Qaeda gets its funding, how much it earns and  where it spends the money, lawmakers heard on Wednesday.
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The families of more than a dozen Sept. 11 victims reached a settlement Monday that avoids the prospect of them having to revisit the horrors of that day during a painful and drawn-out trial.
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A jury decided Monday that the attacks on the World Trade Center were two separate events for insurance purposes, meaning leaseholder Larry Silverstein can collect up to $4.6 billion for rebuilding efforts.
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Stress brought on by the September 11 attacks in New York and Washington in 2001 led to heart problems for some Americans, even if they had no personal connection to the events, a study released on Monday found.
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Natural disasters will cost insurers a record &#36;35 billion this year, after hurricanes lashed the Caribbean and southeastern United States and a record 10 typhoons soaked Japan in events seen as linked to global warming, climate experts said on Wednesday.
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A jury has decided that the destruction of the World Trade Center was two events, meaning leaseholder Larry Silverstein can collect twice from insurance companies.
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WASHINGTON - Victims of the September 11, 2001 terrorist attacks have received $38.1 billion US in compensation so far from insurance companies, the US government and charities, according to a study released Monday by the Rand Institute for Civil Justice.
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A jury said the developer who controls the lease at the World Trade Center site was entitled to collect up to $2.2 billion.
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The developer hoping to rebuild the World Trade Centre in lower Manhattan last night won a significant victory when a jury decided that the September 11 attack on the site was two separate incidents for insurance purposes.
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A New York Jury ruled that the two planes that hit the World Trade Center on September 11, 2001 were two separate events instead of one which increased the insurers liability by at least $140 million.
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A page, if not a chapter, has come to closure in the long dark saga of Sept. 11, 2001. A federal jury on Monday ruled that the assault on the Twin Towers of the World Trade Center was in fact two occurrences for insurance purposes.
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Fraud involving payments supposed to help victims of Hurricanes Katrina and Rita likely exceeds earlier estimates of $1 billion and only a tiny fraction of the money has been recovered, according to a U.S. government report released on Wednesday.