Iran Told to Pay $10.5 Billion to Sept. 11 Kin, Insurers

  • Iran hit with judgment after failing to defend court claims
  • Claimants may use law allowing victims of terrorism to collect
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Iran was ordered by a U.S. judge to pay more than $10.5 billion in damages to families of people killed in the Sept. 11, 2001, terrorist attacks and to a group of insurers.

U.S. District Judge George Daniels in New York issued a default judgment Wednesday against Iran for $7.5 billion to the estates and families of people who died at the World Trade Center and Pentagon. It includes $2 million to each estate for the victims’ pain and suffering plus $6.88 million in punitive damages.