NY Regulator Steps In To Resolve 9/11 Coverage War

Law360, New York (July 6, 2012, 8:09 PM EDT) -- New York's insurance regulator recently asked insurers still battling claims stemming from the Sept. 11, 2001, terrorist attacks to turn over a wealth of data on payouts and reserves, saying it would expedite settlements, but experts disagree over whether that's actually the case.

The state Department of Financial Services noted in its letter sent to a slew of insurers that World Trade Center lessor Silverstein Properties' claims against American Airlines Inc. and United Air Lines Inc., private airline security companies and others remain in litigation and...
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