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<< wow! So, I'm fairly certain the WTC was insured... who gets that? Is an insurance company going to be bankrupted? >>
Actually,its not insured because insurance in most cases does not cver an act of war.
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There was something on one of the news channels about what insurance companies are going to do. True, they do have the acts of war clause, but on Wednesday, none of the companies had announced that they were going to inact that clause. I don't think that any of them would, it would just be in bad taste.
There are also re-insurance companies that insure the insurance companies so that they don't take all of the liability. And then there is the possibility of a government bailout of the insurance companies, so that they don't go under. They were talking liability in the billions of dollars for all of the damage done, and I'm sure that figure keeps growing as more buildings become in danger of falling or are ruled structurally unsound.
Even though the buildings themselves were (maybe just 1?) insured, and the companies had insurance on the contents of their offices, there is still alot of money that is needed. Overtime for police and firefighters, money for all the heavy equipment rentals, food for all the rescue workers, money to help out all of the displaced workers that have essentially lost their jobs for the time being, etc etc etc. Money is needed.