Friday, March 12, 2010

Ground Zero Workers Win $657m Settlement for Health Problems

THE TELEGRAPH: Thousands of workers who suffered health problems after the Sept. 11 attacks in 2001 have reached a settlement worth up to $657.5 million (£437m) with an insurer representing the city of New York.

An explosion rips through the South Tower of the World Trade Towers after the hijacked United Airlines Flight 175 crashed into it. Photograph: The Telegraph

Thousands of firefighters, police, contractors and others who worked at "Ground Zero" in the ruins of the World Trade Center sued the city and its contractors for claims of injuries associated with their rescue and clean-up work.

The settlement will be drawn from a federally financed insurance fund - the WTC Captive Insurance Company - created in 2004 with a $1 billion grant from the Federal Emergency Management Agency.

"The resolution of the World Trade Center litigation will allow the first responders and workers to be compensated for injuries suffered following their work at Ground Zero," New York Mayor Michael Bloomberg said in a statement.

The parties will appear before US District Judge Alvin Hellerstein on Friday to request his preliminary approval of the settlement. >>> | Friday, March 12, 2010