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Liability Risk and Insurance

Sept 11 disaster a single insurable event

The jury in the World Trade Center (WTC) insurance trial has ruled that cover written by Swiss Re was based on the Willis’ WilProp form. This is the form that interprets the September 11 disaster as a single insurable event. The jury had previously ruled that eight of the 12 carriers involved in the trial had based their cover on the WilProp form.

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