Insurers to pay double for World Trade Center attacks
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NEW YORK, December 7  - A federal court ruled yesterday that the destruction caused by the 9/11 terrorist attacks on the twin towers of the World Trade Center constitutes two separate events.
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A hearing this week just blocks from the World Trade Center site is aimed at determining whether the federal government will extend its terrorism property insurance program that is due to expire at the end of the year.
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Five months after the granite cornerstone was laid for the Freedom Tower, the financial cornerstone for a second new World Trade Center tower was fashioned on Monday by the federal jury
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A jury's finding yesterday that the Sept. 11 attack by two hijacked planes on the World Trade Center was two occurrences for insurance purposes provides an extra $1.1 billion, ensuring &quot;a timely and complete rebuild&quot; of the destroyed complex, its leaseholder says.
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(New York-WABC, December 6, 2004) _ - A federal jury decided Monday that the destruction of the World Trade Center was two events for insurance purposes, meaning leaseholder Larry Silverstein can collect twice from companies because separate planes hit
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World Trade Center leaseholder Silverstein Properties Inc. could collect $4.68 billion in insurance payments after the jury in the second phase of the WTC property insurance litigation decided that the Sept.
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Insurance payments to victims of  Hurricane Frances are expected to reach $4.4 billion, making it  the fourth most costly storm in U.S. history, an insurance  industry group said on Thursday.
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(WASHINGTON) - 9/11 victims have collected more than $38 billion in compensation from insurance companies, the government and charities.
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A fee charged to airline travelers to help pay for airport security would more than double under President Bush's spending proposal for the Homeland Security Department.
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EUROPEAN insurers may appeal against a US jury decision that effectively doubles their cost of the September 11 attacks on the World Trade Centre.
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THE government agency that owns the World Trade Center site has joined a US$7 billion (S$11.9 billion) suit against Saudi Arabia and Al-Qaeda for the Sept 11 terrorist attacks.
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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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The US agency that owns the World Trade Centre site and lost 84 employees in the September 11 attacks is suing Saudi Arabia. The Port Authority of New York and New Jersey said in a statement on Friday it was
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A New York developer hoping to rebuild  the destroyed World Trade Center on Monday won a major victory  against his insurers, when a jury decided the hijacked airline  attacks of Sept. 11, 2001, were two separate events.
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Along the coast from Texas to Maine, insurance costs are doubling or tripling as part of continuing fallout from Hurricane Katrina.
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The public corporation that owns the site of New York City&#39;s destroyed World Trade Center says it intends to hold Saudi Arabia liable for the September 11, 2001 attacks that toppled the complex.
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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.