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Federal Judge Approves $30M Bonus Payment Settlement In Sept. 11 Coverage Dispute

(September 16, 2015, 9:22 AM EDT) -- NEW YORK — A New York federal judge on Aug. 5 approved a $30 million bonus payment settlement owed by World Trade Center Captive Insurance Co. to first responders and those who worked removing the rubble after the Sept. 11, 2001, collapse of the World Trade Center towers, finding that the “settlement provides significant and immediate relief for the sickest plaintiffs, in amounts that reflect the uncertainty of this long-running dispute” (In re: World Trade Center Disaster Site Litigation, No. 21 MC 100 [AKH], S.D. N.Y.;...
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