Insurance companies still struggling to pay 9/11 claims

Programs & Series | MPR News Feature | Topics | Business & Industry |
September 11, 2003
Jayne Solinger - Reporter
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The attacks on the World Trade Center and Pentagon two years ago prompted concerns about whether insurance companies could withstand a surge in terrorism. Insurance companies joined the airline industry to lobby Congress to ease the financial fallout from the attacks. Andrew Whitman, Professor of Insurance at the Carlson School of Management, says the insurance industry is still paying off the 40-billion dollars in claims related to 9/11.

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