WTC Settlement Accepted
November 19, 2010
More than 95% of the rescue, recovery and clean-up workers who filed claims against New York City and its contractors after 9/11 have accepted the settlement negotiated by their attorneys and the WTC Captive Insurance Company. Worth at least $625 million in compensation, this settlement ends a legal battle that began seven years ago and provides more than 10,000 plaintiffs individual payments ranging from $3250 to more than $1 million for the sickest workers.
“This settlement is a fair and just resolution of these claims, protecting those who came to the aid of this City when we needed it most,” said Mayor Michael R. Bloomberg. “We will continue our commitment to treatment and monitoring of those who were present at Ground Zero. This settlement can also help encourage the Senate to follow the lead of their colleagues in the House of Representatives and pass the James Zadroga 9/11 Health and Compensation Act, which will now be a less expensive proposition due to the payments made under this settlement agreement.”
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