Real Estate/Development
Sep. 24, 2002
What Price for Protection?
BY PAUL N. DUBRASICH The horrific attacks on the Pentagon and the World Trade Center on Sept. 11, 2001, in addition to their profound emotional impact on each of us, will be forever infamous in terms of the sheer magnitude of monetary loss they caused. The cost to the insurance industry, estimated at $40 billion to $70 billion, may never again be equaled in a single event.
The horrific attacks on the Pentagon and the World Trade Center on Sept. 11, 2001, in addition to their profound emotional impact on each of us, will be forever infamous in terms of the sheer magnitude of monetary loss they caused. The cost to the insurance industry, estimated at $40 billion to $70 billion, may never again be equaled in a single e...
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