NYC to pay $657M to settle WTC health suits
(AP) - New York City has agreed to pay up to $657million to settle more than 10,000 lawsuits filed by ground zerorescue and response workers who say they were sickened by WorldTrade Center dust.
The settlement was announced Thursday evening by the WTC CaptiveInsurance Company, a special entity established to indemnify thecity and its contractors against potential legal action as theymoved to clean up the site.
The deal still must be approved by a judge and the workersthemselves. It would make the city and other companies representedby the insurance company liable for a minimum of $575 million, withmore money available to the sick if certain conditions are met.
Most of the money would come out of a $1 billion grant from theFederal Emergency Management Agency.