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Instant Insights / Remembering 9/11

In observation of the 20th anniversary of the September 11 terrorist attacks that claimed the lives of 2,996 individuals, these articles curated by PropertyCasualty360.com honor loved ones lost and reflect on the lasting impact 9/11 has had on the insurance industry.

Case Study

Insurers allege a Saudi bank 'aided and abetted' in 9/11 attacks

A court has reinstated an insurers’ suit against Al Rajhi Bank stemming from the 9/11 terrorist attacks.

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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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Steven A. Meyerowitz

Steven A. Meyerowitz

Steven A. Meyerowitz, a Harvard Law School graduate, is the founder and president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. He may be contacted at [email protected].

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