Search
 

Jet Underinsured For Crash, Lawyer Says

The company that operated a corporate jet involved in last year's fatal collision with a Brazilian airliner did not have sufficient insurance to cover claims involved, according to an attorney pursuin

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The company that operated a corporate jet involved in last year’s fatal collision with a Brazilian airliner did not have sufficient insurance to cover claims involved, according to an attorney pursuing legal actions against the firm.

Steven C. Marks of Podhurst Orseck in Miami said he understood that U.S. Aviation Insurance Group insured ExcelAire of Ronkonkoma, N.Y.–the owner of the business jet–and its two pilots for $100 million. “If that’s the case, it’s not enough coverage,” he said.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.