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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.

9/11 insurers move closer to $221.5 million award against Iran

A judge has recommended that the Islamic Republic of Iran pay $221,505,968.40 to insurers that made payments to their insureds for property damage and other claims arising from the 9/11 terrorist attacks.

By Steven A. Meyerowitz, Esq. | Updated on December 20, 2017

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This story is reprinted with permission from FC&&S Legal, the industry’s only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe.

A U.S. Magistrate Judge in New York has recommended that the Islamic Republic of Iran pay $221,505,968.40, in addition to prejudgment interest, to insurers that made payments to their insureds for property damage, business interruption, and other claims arising from the 9/11 terrorist attacks.

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