Insurers refusing to pay out World Trade Center policies five years after 9/11 are wrongly profiting from the holdup, Rep. Anthony Weiner charged yesterday at Ground Zero.
“They are investing that money, making . . . about $200 million in profits off the events of Sept. 11,” said Weiner (D-Brooklyn and Queens).
He asked that the State Insurance Department issue fines equal to any profits the firms made by investing their unpaid claims.