On Dec. 6, 2004, a New York federal jury determined that the 9/11 attacks on the World Trade Center involved two 'occurrences' under policies issued to leaseholder Larry Silverstein. As a result, Silverstein could get up to $1.1 billion more than if the attacks had constituted a single occurrence.
World Trade Center Attack Held to Constitute Two Occurrences
On Dec. 6, 2004, a New York federal jury determined that the 9/11 attacks on the World Trade Center involved two "occurrences" under policies issued to leaseholder Larry Silverstein. As a result, Silverstein could get up to $1.1 billion more than if the attacks had constituted a single occurrence.
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