7th Circ. Flips Insurers' $6M Win In Terrorist Assets Fight
By Jeff Sistrunk ( April 2, 2015, 10:07 PM EDT) -- The Seventh Circuit on Thursday overturned a ruling that handed two dozen insurers $6.2 million seized from an al-Qaida affiliate's commodities brokerage account to defray coverage payouts from the 9/11 attacks, holding that the funds don't constitute "blocked assets" that can be subject to execution under the Terrorism Risk Insurance Act....
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