April 30, 2008
NEW YORK—A New York appeals court has affirmed a jury’s verdict that the Port Authority of New York and New Jersey is liable for damages from the 1993 terrorist bombing at the World Trade Center that killed six people and wounded about 1,000 others.
The Port Authority was warned about the WTC’s vulnerability years before terrorists exploded a truck bomb in its underground parking lot, but the agency rejected steps to tighten security and the jury’s 2005 decision finding it negligent was reasonable, a five-judge panel of the Appellate Division of New York’s State Supreme Court ruled Tuesday.
At the time of the jury verdict, the Port Authority was facing 575 claims from individuals injured in the attack, WTC tenants, and insurers with subrogation claims for losses paid to tenant policyholders. Most of those claims have since been resolved, and pending claims—mostly for personal injury and business interruption—number fewer than 50, a Port Authority spokesman said.
“We look forward to resolving those cases as well,” the spokesman said.
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After years of pretrial delays, a jury concluded that the Port Authority is 68% liable for damages from the bombing and the attackers 32% liable.
http://www.businessinsurance.com/cgi-bi ... 0&id=12847
This is why no one will admit that explosives were used to destroy the WTC.
