Sept. 11 attacks News

Cat Simulations Test London Insurers’ Vulnerabilities to Next ‘Big One’

A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. However, …

NYPD: Terror Threat More Complex Than Ever

Air strikes in Iraq, ongoing unrest in Syria and the beheadings of two American journalists are casting a long shadow over the 13th anniversary of the Sept. 11 attacks. While there is no specific threat against New York ahead of …

Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim

American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on Friday. The 2nd U.S Circuit …

Financial Services Firm Cantor Fitzgerald Announces $135M Sept. 11 Settlement

Financial services firm Cantor Fitzgerald, which lost nearly two-thirds of its employees in the Sept. 11, 2001 attacks against the U.S., revealed a $135 million settlement with American Airlines and insurance carriers Tuesday to a judge who said the deal …

Cantor Fitzgerald, American Airlines Settle 9/11 Lawsuit

Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade Center, in which the Wall Street company lost …