New York Gov. Eliot Spitzer apparently knocked some heads together and finally convinced seven insurers to cough up $2 billion to settle all remaining property insurance claims over the 9/11 destruction of the World Trade Center. It's quite an achievement, and it's terrific for the industry to bring this sad episode to a close once and for all, NU Editor In Chief Sam Friedman notes in his blog today at www.property-casualty.com.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.