Attacks Insurance

Jury selection to begin in second WTC insurance trial

Was the attack on the World Trade Center's twin towers one event or two? That's the question in the second round of a legal battle over insurance that's getting under way in New York. The trade center's leaseholder, Larry Silverstein, argued in the first trial he should receive seven billion dollars -- twice the three-point-five billion dollar insurance policy. But a federal jury ruled in May that two planes hitting the towers constituted a single event. Silverstein stands to collect one-point-one billion dollars more if his lawyers are successful this time.

Jury selection starts today and opening statements are scheduled next Monday. Silverstein has vowed to rebuild ten million square feet of office space at Ground Zero regardless of how much money he collects from insurers.