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Business as Never Before: WTC: One Loss for Some, Two for Others

Best’s Review - January 5, 2005

By Meg Green
Ralph Tortorella III was quoted extensively in a feature article on how insurers, brokers and policyholders have already changed the way business negotiations and transactions are handled based on the World Trade Center insurance trial litigation. The following quote by Tortorella was included:

Ralph Tortorella III, a partner in the catastrophic insurance practice group of Ropers Majeski Kohn & Bentley, said that in addition to placing negotiations in black and white, "if you know you have a complicated transaction, the starting point for the transaction might be much earlier than traditionally done."