-Caveat Lector-

from - http://www.ananova.com/news/story/sm_522537.html

WTC leaseholder reaches partial settlement of insurance claim

Two Bermuda-based insurance companies are the first to agree to pay a World
Trade Centre leaseholder for the buildings' destruction.

ACE Bermuda Insurance will pay $298 million and XL Insurance will pay $67
million in the next 30 days to Silverstein Properties.

The companies wrote policies that allowed the September 11 attack to be
considered a "single occurrence".

Silverstein is contending polices with 20 other insurers which are more vague.

How they should be interpreted is at the centre of pending lawsuits between the
insurers and Silverstein.

Silverstein argues that because two planes hit the World Trade Centre there were
two "occurrences," or insurable events, which would entitle the company to over
$7 billion.

Insurers say the attack was a single event, which would make them liable for
$3.546 billion.

Story filed: 23:15 Friday 15th February 2002

<A HREF="http://www.ctrl.org/";>www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance�not soap-boxing�please!  These are
sordid matters and 'conspiracy theory'�with its many half-truths, mis-
directions and outright frauds�is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
 <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of
[EMAIL PROTECTED]</A>

http:[EMAIL PROTECTED]/
 <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

Reply via email to