War Of Words Rages Over WTC Cover
Firing another salvo in the complex insurance battle involving the World Trade Center loss, Swiss Re has declared that there is no way payouts for Sept. 11 attack claims can exceed $3.5 billion.
Swiss Re said its experts have established the “true value” of WTC leaseholder Larry Silverstein's claim as in the range of $2.4 billion. New York-based Swiss Re said this is consistent with Mr. Silverstein's own internal calculations.
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