1. Jottings May Cut Insurers' Payouts On Twin Towers.
- Author
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Starkman, Dean
- Subjects
- *
ACTIONS & defenses (Law) , *COMPENSATION (Law) , *DAMAGE claims , *INSURANCE policies , *UNDERINSURANCE , *DAMAGES (Law) , *INSURANCE law , *BUSINESS insurance laws - Abstract
Focuses on the insurance payouts related to the September 11, 2001 terrorist attacks. Details of a fax sent by Silverstein Properties Inc.'s risk manager, Robert Strachan, to a lawyer at a government agency, which may limit the payout to the firm, which lost four workers in the terrorist attacks; Scribbled notes made by Strachan, suggesting Silverstein may not get what they are looking for in compensation damages; Claims made by Larry Silverstein regarding the attacks being two separate occurrences; Speculation about Silverstein's future role in the rebuilding of Ground Zero based on the outcome of his case; Discussion of the insurance trial involving Silverstein Properties and Swiss Reinsurance Co.
- Published
- 2004