Back to Kathi’s question on deductibles,I believe I remember reading several months
back the deductible was $100 million. Sounds like alot, but I don’t insure many
billion dollar buildings.
I am guessing that the Insured had a blanket policy for both buildings with a total limit of $1.1 billion per occurrence but what would the cost to replace both buildings be … anyone know ?
Yea but the new coplex is worth a lot more than the twin towers – THOSE THINGS WERE IN TERRIBLE SHAPE -They even concidered taking them down! But it cost too much money. So…….A convenient thing happened.
“A convenient thing happened”??? My good friend Barry Glick worked in the towers in the Risk Management Dept. of the Port of NY-NJ. He died on 9/11. Perhaps Old Age should retire and seek help for his Alzheimer’s. Perhaps some counseling as well.
I think Larry Silverstein should be investigated, charged and arrested for insurance fraud and possibly conspiracy to murder. On September 11th, 2001 Silverstein had inside information that the buildings he managed were to be destroyed by demolitions.
It is now common knowledge that he (Silverstein) admitted publicly (on a PBS documentary) the scenario on 9/11/2001 by which he was complicit in the destructions of at least one building, the 7 World Trade Center in New York City.
In February of 2002 Silverstein Properties won $861 million from Industrial Risk Insurers to rebuild on the site of WTC 7.
Silverstein Properties’ estimated investment in WTC 7 was $386 million. Thus the building’s collapse resulted in a profit of about $500 million.
Why is this criminal allowed to collect millions of dollars from insurance underwriters (billions when you figure in the Twin Towers too) when obviously it’s a case of blatant insurance fraud?
If I were to burn my house down and file an insurance claim, then tell someone about it later (who reported me), I would be arrested and charged with a crime.
Am I the only one who thinks there’s something VERY wrong with this picture? Larry Silverstein is a crook and everyone knows it …why aren’t the authorities acting on this information?
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Back to Kathi’s question on deductibles,I believe I remember reading several months
back the deductible was $100 million. Sounds like alot, but I don’t insure many
billion dollar buildings.
What was the value of each building ?
I am guessing that the Insured had a blanket policy for both buildings with a total limit of $1.1 billion per occurrence but what would the cost to replace both buildings be … anyone know ?
or care???????? enough already, the policy language, or lack thereof, is going to make this guy rich. enough said.
Was Pearl Harbor one attack or hundreds?
He hit the nail right on the head. It was all one building, half destroyed, then the other half.
Make him rich? he was rich prior to. And he’s spending the money to build a new complex anyway.
Yea but the new coplex is worth a lot more than the twin towers – THOSE THINGS WERE IN TERRIBLE SHAPE -They even concidered taking them down! But it cost too much money. So…….A convenient thing happened.
“A convenient thing happened”??? My good friend Barry Glick worked in the towers in the Risk Management Dept. of the Port of NY-NJ. He died on 9/11. Perhaps Old Age should retire and seek help for his Alzheimer’s. Perhaps some counseling as well.
Age Old is whacked in the head. He talks like Bin Laden did Silverstein a favor.
He must be an actuary or some mind-numb bean-counter that has been at it too long. He needs a martini, and I hope he doesn’t have access to a gun!
I think Larry Silverstein should be investigated, charged and arrested for insurance fraud and possibly conspiracy to murder. On September 11th, 2001 Silverstein had inside information that the buildings he managed were to be destroyed by demolitions.
It is now common knowledge that he (Silverstein) admitted publicly (on a PBS documentary) the scenario on 9/11/2001 by which he was complicit in the destructions of at least one building, the 7 World Trade Center in New York City.
In February of 2002 Silverstein Properties won $861 million from Industrial Risk Insurers to rebuild on the site of WTC 7.
Silverstein Properties’ estimated investment in WTC 7 was $386 million. Thus the building’s collapse resulted in a profit of about $500 million.
Why is this criminal allowed to collect millions of dollars from insurance underwriters (billions when you figure in the Twin Towers too) when obviously it’s a case of blatant insurance fraud?
If I were to burn my house down and file an insurance claim, then tell someone about it later (who reported me), I would be arrested and charged with a crime.
Am I the only one who thinks there’s something VERY wrong with this picture? Larry Silverstein is a crook and everyone knows it …why aren’t the authorities acting on this information?
See these websites for more info:
http://serendipity.ptpi.net/wot/wtc7newspaper.htm
http://911research.wtc7.net/wtc/evidence/pullit.html
http://serendipity.ptpi.net/wot/wtc_other.htm