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Court of Appeals affirms decision as to number of occurrences for World Trade Center coverage

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The United States Court of Appeals for the Second Circuit has affirmed the District Court's decision with respect to coverage for the September 11 terrorist attacks on the World Trade Center towers. The District Court held that the attack consituted a single occurrence with respect to some of the insurance, and two occurrences with respect to other insurance. SR International Business Insur. Co. v. World Trade Center Properties, LLC, Case No. 04-4500 (2nd Cir. Oct. 18, 2006).