Bad example
I hadn't heard of this before, so got curious. Here's what I found FWIW:
> There are several underlying assumptions at work here: that the World Trade Center must not have had terrorism insurance before Silverstein took over; that selecting such coverage was purely optional; and that because he "chose" to buy such coverage when he did, Silverstein must have known in advance that (and when) terrorists would strike.
> It's important to note that Silverstein wasn't actually the sole leaseholder of the World Trade Center: He led a consortium of investors and lenders, all of which had a voice in deciding how much insurance coverage the properties would have, and each had some claim on whatever insurance monies were paid out.
> Bear in mind, too, that when we speak of "terrorism insurance coverage," what we're actually speaking of is coverage that doesn't have a terrorism EXCLUSION. Moreover, upon signing that lease, Silverstein was obligated to insure the World Trade Center.
Courtesy: https://www.snopes.com/fact-check/wtc-terrorism-insurance/
But I would also add, Sept 11 was not the first terrorist attack on the WTC. So terrorism insurance should've been high on anyone's list.