Judge Enters Judgment To Insurers On Reinsurance Claims In 9/11 Dispute

Mealey's (July 2, 2018, 3:30 PM EDT) -- NEW YORK — In a coverage dispute stemming from the terrorist attacks on Sept. 11, 2001, a New York federal judge on June 25 awarded insurers damages of $527,598,884.69 under reinsurance contracts, in addition to prejudgment interest (In re: Terrorist Attacks on September 11, 2001, No. 03-MDL-1570, Continental Casualty Co. v. Al Qaeda Islamic Army, No. 04-5970, S.D. N.Y., 2018 U.S. Dist. LEXIS 108722)....