Dozens of insurance carriers sued Al Rajhi Bank, a Saudi Arabian bank, asserting that it aided and abetted al Qaeda's terrorist attacks on the United States on September 11, 2001. (Photo: Shutterstock)
The U.S. Court of Appeals for the Second Circuit has reversed a district court's decision dismissing a lawsuit filed by dozens of insurance companies against a Saudi bank alleging its "specific intent to further terrorism in the United States" in connection with the September 11, 2001, terrorist attacks on the United States and ruled that the lawsuit may proceed.
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