The WTC complex was owned by a group of investors represented by real estate mogul Larry Silverstein. He signed a 99-year lease on July 24, 2001. . The group didn't actually obtain a "policy" of insurance, but instead they were issued two different "binders", which are documents giving them temporary coverage for the period until the full policy(s) on WTC was issued, but don't contain the full terms and conditions details of a policy. So it was likely the biggest single insurance claim ever, but with policy terms that weren't written out and were mostly implied in the binder contract. When the towers fell a couple of months later, that insurance policy became the focus of a years-long legal proceeding.
It's not uncommon for high profile commercial properties to have terrorism coverage. The WTC policy did. Especially given the 1993 terrorism of the same building complex. The main question here is whether the loss was ONE event or TWO. Since there were two different groups of insurers that participated in two different binders, the big question was ONE or TWO occurrences. In the lawsuits, juries found that under one binder, led by Swiss Re, the attacks were a single occurrence, but under the other binder, led by Travelers, they found it was two occurrences. Ultimately, the insurance payout for the WTC was $4.6 billion - which took until 2007 to sort out.
From what little I know, virtually all of the policy award money went into the rebuilding of the WTC complex and "Freedom Tower" 1 WTC.
i could hear them say "shit" right after each of the towers fell, but later they were also talking in English, so i assumed they meant the English expression "Shit" which is used when something undesirable happens.
The WTC complex was owned by a group of investors represented by real estate mogul Larry Silverstein. He signed a 99-year lease on July 24, 2001. . The group didn't actually obtain a "policy" of insurance, but instead they were issued two different "binders", which are documents giving them temporary coverage for the period until the full policy(s) on WTC was issued, but don't contain the full terms and conditions details of a policy. So it was likely the biggest single insurance claim ever, but with policy terms that weren't written out and were mostly implied in the binder contract. When the towers fell a couple of months later, that insurance policy became the focus of a years-long legal proceeding.
It's not uncommon for high profile commercial properties to have terrorism coverage. The WTC policy did. Especially given the 1993 terrorism of the same building complex. The main question here is whether the loss was ONE event or TWO. Since there were two different groups of insurers that participated in two different binders, the big question was ONE or TWO occurrences. In the lawsuits, juries found that under one binder, led by Swiss Re, the attacks were a single occurrence, but under the other binder, led by Travelers, they found it was two occurrences. Ultimately, the insurance payout for the WTC was $4.6 billion - which took until 2007 to sort out.
From what little I know, virtually all of the policy award money went into the rebuilding of the WTC complex and "Freedom Tower" 1 WTC.
You can see little white flashes in the zoomed view just before the building goes down.
What does shit mean in Japanese?
i could hear them say "shit" right after each of the towers fell, but later they were also talking in English, so i assumed they meant the English expression "Shit" which is used when something undesirable happens.
βοΈππ
η³ Kuso is the curse word, similar to βshitβ in English.
They don't look like they exploded. They look like they dissolved.
Exactly, most of the matter of the towers was pulverized, and you can see a large cloud of particles moving away from the towers.
It behaves like a high temp incendiary. Thermite is used to weld railroad tracks. You don't have to blow it up, just melt it enough to collapse.
There was molten steel in the hole for months after the buildings fell.
psa: if anyone wants to rip videos off Twitter you can use ssstwitter.com
Excellent thank you
Nitter: https://nitter.poast.org/ShadowofEzra/status/1816527164080373798
I hope they'll pay a high price for what they've caused. #gitmo
It's the sheer volume of dust (among other things) that just doesn't seem right.
Are you looking to take a short vacation from posting, on this site?