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Compensation for 9/11 victims tops $38B

[JURIST] A report by the Rand Institute for Civil Justice released Monday has found that victims of the September 11 terrorist attacks have received $38.1 billion in compensation, mostly from insurance companies. The largest portion of the compensation went to New York City businesses, which received $23.3 billion. Additionally, some lawsuits over the attacks are still in process. The 211-page report is available here. The federal Terrorism Risk Insurance Act, is set to expire in 2005, although there is pending legislation to retain the insurance. AP has more.

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