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Jury Rules WTC Attacks Were Two Events; Silverstein Recovery May Double to $2.2 Billion
National News • December 7, 2004
The second of three scheduled trials to determine the amount of the recovery for the destruction of the World Trade Center's twin towers ended in a victory for master lease holder Silverstein ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Larry Silverstein Should Be Arrested For Insurance Fraud | mike reis | Jan 17, 2009, 1:51 am |
| Larry Silverstein Should Be Arrested For Insurance Fraud | John | Feb 6, 2005, 1:51 pm |
| Larry Silverstein Should Be Arrested For Insurance Fraud | Anonymous American Citizen | Feb 5, 2005, 11:01 pm |
| Age Old Broker needs a straight jacket. | Big Insurance | Dec 17, 2004, 5:08 pm |
| WTC Coverage | Frank Cluney | Dec 15, 2004, 3:56 pm |
| RE: RE: RE: What was the value of each building ? | Age Old Ins Broker From NY | Dec 15, 2004, 3:33 pm |
| RE: RE: What was the value of each building ? | Mark | Dec 15, 2004, 12:20 pm |
| Smitty is Right! | Mark | Dec 15, 2004, 12:15 pm |
| RE: RE: RE: RE: RE: RE: attacks | Tommy | Dec 15, 2004, 7:47 am |
| RE: What was the value of each building ? | bubba | Dec 14, 2004, 3:10 pm |
| What was the value of each building ? | Young broker | Dec 14, 2004, 3:00 pm |
| RE: attacks | steve | Dec 9, 2004, 5:53 pm |
| attacks | john | Dec 9, 2004, 4:07 pm |
| RE: RE: RE: RE: RE: attacks | Big Insurance | Dec 9, 2004, 3:29 pm |
| WTC Coverage | Frank Cluney | Dec 8, 2004, 2:01 pm |
| RE: WTC Attack(s) | D.V. | Dec 8, 2004, 12:20 pm |
| RE: RE: RE: yada, yada, yada... | Mark | Dec 8, 2004, 12:14 pm |
| RE: RE: yada, yada, yada... | Nuke | Dec 8, 2004, 12:08 pm |
| RE: RE: Yet another old | Bill D | Dec 8, 2004, 9:20 am |
| RE: Yet another old "property" broker's input | JTM | Dec 7, 2004, 5:24 pm |
| RE: RE: RE: RE: RE: attack Conspiracy | GLENN PARMLEY | Dec 7, 2004, 5:10 pm |
| Ah Franks got it | John | Dec 7, 2004, 4:02 pm |
| RE: RE: Limits | frank cluney | Dec 7, 2004, 3:07 pm |
| RE: RE: Limits | san | Dec 7, 2004, 2:58 pm |
| RE: Limits | T | Dec 7, 2004, 2:47 pm |
| RE: RE: RE: attacks | INSchic | Dec 7, 2004, 2:42 pm |
| RE: RE: RE: RE: attack Conspiracy | another old broker from NY | Dec 7, 2004, 2:33 pm |
| RE: RE: RE: RE: attack Conspiracy | another old broker from NY | Dec 7, 2004, 2:33 pm |
| RE: RE: RE: attack Conspiracy | Age Old Ins Broker From NY | Dec 7, 2004, 2:15 pm |
| RE: attacks | sandi | Dec 7, 2004, 2:12 pm |
| RE: RE: attacks | Dan | Dec 7, 2004, 1:59 pm |
| RE: RE: RE: RE: attacks | tommy | Dec 7, 2004, 1:54 pm |
| attacks | Kathi | Dec 7, 2004, 1:54 pm |
| RE: RE: RE: attacks | Smitty | Dec 7, 2004, 1:41 pm |
| RE: RE: RE: RE: attacks | Jere Allan | Dec 7, 2004, 1:40 pm |
| One plus one equals two | inmyhumbleopinion | Dec 7, 2004, 1:39 pm |
| RE: RE: RE: attacks | Jon | Dec 7, 2004, 1:09 pm |
| RE: attacks | Smitty | Dec 7, 2004, 1:08 pm |
| RE: RE: attacks | Big Insurance | Dec 7, 2004, 12:57 pm |
| RE: attacks | Sharon | Dec 7, 2004, 12:49 pm |
| RE: attacks | BUBBA | Dec 7, 2004, 12:46 pm |
| attacks | Kristy Hodik | Dec 7, 2004, 10:05 am |
| Back to article | ||
Subject: RE: attacks
However, I believe the policy specifically covered foreign terrorist acts, remember the WTC had been hit in the past by the same affiliated parties with paid insured claims, all the companies knew the risks.
If I were the insurance company I'd argue that half the building limit was used by the first plane and half by the second plane, you can't collect payment on an already destroyed building.
Silverstein is essentially asking to be paid for 2 buidings destroyed-2 times, except his 2 buildings were only destroyed once.