WTC Broker Testimony May Bolster Insurers Cause
The Willis broker accountable for buying World Trade Center policies for leaseholder Larry Silverstein might have helped the cause of carriers in the WTC insurance trial last week, when he acknowledged there isnt even “a single piece of paper” demonstrating that the form governing the coverage had been switched before the Sept. 11 terrorist attack from the one cited by insurers as limiting the claim to a single event with a $3.5 billion limit.
Separately, the spotlight briefly returned to Robert Strachan, Mr. Silversteins risk manager and the trials first witness, when questions were raised about whether he might have misspoken or lied about his contact with lawyers prior to his recall appearance last week.
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