9/11-The Destruction of the World Trade Center

Within days of 9/11, it became apparent that the destruction of the World Trade Center presented the insurance industry with a highly complex set of valuation and coverage issues. With the entire world watching the developments at Ground Zero, the post-loss environment required a coordinated, strategic response. Within weeks of September 11, 2001, Zelle committed the unique depth of the firm’s resources to coordinate coverage, subrogation and reinsurance issues for one of the world’s largest property insurers.  9/11 required a priority relationship with a single property insurer in order to execute a strategy that:

The World Trade Center claim alone represented the loss of 10 million square feet of commercial office space. In addition, Zelle attorneys were also responsible for claims made under almost 100 different insurance contracts, including highly complex property and time element claims related to the loss of:

The 9/11 experience proved to be as complex and challenging as originally predicted. All told, the firm resolved billions of dollars of claims through a combination of adjustments, mediations, appraisals, arbitrations, jury trials, multiple trips to the Second Circuit Court of Appeals, and delicate political negotiations with local, state and federal elected officials, including the New York Department of Insurance.  As a result of Zelle’s 9/11 related efforts, important precedent has been established for the industry in all relevant aspects of a property insurance policy:




The firm also handled the following reinsurance issues:

Our approach to the 9/11 disaster is an example of how we represent clients facing major unprecedented claims.  When faced with such situations, you need the best experience you can find.  Talk to us about your needs and decide for yourself.