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类型[20020614]RS21158_9月11日保险诉讼.pdf

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  • 文档编号:16220
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  • 发布时间:2002-06-14
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  • Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21158Updated June 14, 2002September 11 Insurance LitigationChristopher Alan JenningsLegislative AttorneyAmerican Law DivisionSummaryInsurance litigation arising out of the events of September 11 is already underway.Disputes involve claims for losses ranging from several thousand dollars to the billions.While some claims are involved in litigation, many are being resolved throughalternative forms of dispute resolution. How much litigation will arise from September11 remains unclear. At least two lawsuits deal with business interruption claims.Another cluster of suits involves the World Trade Center itself; the legal issuesunderpinning these cases will settle whether insurance companies owe $3.54 or $7.08billion in coverage. This report summarizes these cases and will be updated. While Congress responds to the wide spread exclusion of terrorism risks frominsurance coverage through “The Terrorism Protection Act,” H.R. 3210, placed on theSenate Legislative Calender on December 3, 2001, and “The Terrorism Risk InsuranceAct,” S. 2600, laid before the Senate by unanimous c
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