American Airlines Group Inc and its insurers have agreed to pay $135 million to Cantor Fitzgerald to settle the financial services company's lawsuit over business and property losses suffered in the Sept. 11 attacks on the World Trade Center, in which 658 of its employees were killed.
Developer Larry Silverstein cannot recover billions of dollars from airlines over the Sept. 11, 2001, destruction of the World Trade Center in New York because insurers have already compensated his company, a federal judge ruled on Thursday.
A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of more than $4 billion he has received from insurers.
A U.S. judge ruled that AMR Corp's American Airlines and United Continental Holdings Inc must face trial over claims relating to the Sept. 11 attacks that destroyed the landmark towers of the World Trade Center in New York almost 11 years ago.
The Main Street America Group, a super regional property & casualty insurer based in Jacksonville, Fla., has promoted three executives to new positions.
When a contentious relationship exists between business and IT, the latter constituency often gets the blame. Yet to be completely fair, the cause of misalignment falls as much on business as it does on IT.