A federal appeals court has upheld separate jury verdicts that took differing views of whether the Sept. 11, 2001 terrorists' destruction of the World Trade Center involved single or multiple insurance claims.

The Second Circuit U.S. Court of Appeals in New York affirmed jury verdicts reached in April and December of 2004 that declared the attacks were one and two events, respectively.

The case pitted several insurers against developer Larry Silverstein, who took over the lease for the World Trade Center site just several weeks before the Sept. 11 attacks.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.