That seems like it shouldn’t matter… Either two half size payouts or one full payout is what it seems like it should be. I’m sure there are some shenanigans that make it not that simple when it really should be.
There’s a maximum liability limit in each policy. No matter what, that’s what that’s the maximum the insurance company is going to pay. Given that the full blow up of one tower already got to that limit, the towers owners claimed that each tower had a different claim, so the maximum liability of one, does not affect the other, but the judge disagree, said that both towers were affected by the same attack and share the same maximum liability.
That seems like it shouldn’t matter… Either two half size payouts or one full payout is what it seems like it should be. I’m sure there are some shenanigans that make it not that simple when it really should be.
There’s a maximum liability limit in each policy. No matter what, that’s what that’s the maximum the insurance company is going to pay. Given that the full blow up of one tower already got to that limit, the towers owners claimed that each tower had a different claim, so the maximum liability of one, does not affect the other, but the judge disagree, said that both towers were affected by the same attack and share the same maximum liability.
I knew there was some way the insurance company was weaseling out of paying.