insurable event造句

• Billions of dollars hang on the question of whether the destruction of the twin towers by two jetliners was one insurable event, or two.
• They argue that it was a single attack, and a single insurable event, entitling Silverstein to $ 3.5 billion in coverage.
• Silverstein's lawyers maintain that New York state law, which governs the case, makes clear that each crash and collapse was a separate insurable event.
• But it is going nuts trying to establish that only one insurable event _ the attack on the WTC _ occurred in Manhattan on Sept . 11, as opposed to two separate plane crashes.
• A financial intermediary, like a reinsurance company or an investment bank, issues a bond tied to a particular insurable event, like aggregate insurance claims from a Los Angeles earthquake that total more than $ 10 billion.
• After 11 days of deliberation, jurors Monday decided that according to the language in insurance contracts covering the World Trade Center, the Sept . 11, 2001, attacks on the center's twin towers were two separately covered insurable events rather than one, as insurance companies had contended.
• "If you said, ` let's go insure people's 401 ( k ) accounts,'you have to figure out what the insurable event is, " said Steven A . Kandarian, executive director of the federal Pension Benefit Guaranty Corp, which insures pensions.
• Silverstein argues that because two planes hit the World Trade Center there were two " occurrences, " or insurable events, which would entitle him to just over dlrs 7 billion; insurers say the attack was a single event, which would make them liable for dlrs 3.546 billion.
• The dispute turns on the question of whether the crash of two hijacked airliners into the twin towers of the World Trade Center were a single insurable event, entitling Silverstein's group to $ 3.6 billion in coverage, or two distinct events for which the group can file separate claims of $ 3.6 billion apiece.