WTC Captive Insurance Company

Updated Aug 7 - Senators Patrick Leahy, D-Vt., and Arlen Specter, R-Pa., have begun to question the management of the company entrusted with disbursing the billion dollars in funds set aside for Ground Zero injury victims in the September 11 tragedy.  

In a letter to Ms. Christine LaSala, President and Chief Executive Officer of WTCCaptive Insurance Company,  Senators Leahy and Specter both expressed their dismay that monies designated toward personal injury victims of Ground Zero workers in the 9/11 cleanup had been so sparingly allocated, whereas the lion’s share had gone to private law firms. 

Lawmakers specifically asserted that over $45 million had gone to private firms working for the Captive to fight payment of Ground Zero personal injury claims, but not a single payment had been doled out.  Ground Zero workers have suffered from a variety of  post 9/11 respiratory illnesses and rare cancers, including many unexplained cases of multiple myeloma.

Mayor Bloomberg has apparently also shown disregard for the injury victims of Ground Zero by his alleged misuse of the Captive’s funds.  He has been named along with the Captive in a multi-million dollar suit filed by Worby Groner & Napoli Bern, large personal injury firms in New York.

In the suit plaintiffs allege that the mayor is abusing his discretion over the fund by prolonging litigation and thus refusing to consider the merits of plaintiffs’ claims for personal injury compensation.   

-written by Courtney Mills


See Also

  1. Attack on America
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