The decision by the owner of a small insurance company to require his employees to carry firearms at the office has sparked a debate: Would having a gun on the job make you safer, or is it inviting violence into …
Germany’s Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The figure gives a preliminary orientation to …
As investigators try to find out why a young German pilot deliberately crashed a passenger jet into the French Alps on Tuesday, pilots and psychologists warn it may be impossible to prevent similar incidents in the future. All 150 people …
Deutsche Lufthansa AG may face unlimited liability for payments to families of victims of the Germanwings jet crashed by its suicidal co-pilot, according to lawyers. “The liability for the victims would be uncapped,” said George Leloudas, a lecturer at Swansea …
Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by attacks on airplanes this year, driving prices up and drawing rivals into the market. The hefty bill dwarfs the $60-$90 …
American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan’s Magong airport, according to Aon Plc, a broker that tracks the market for aviation coverage. The ATR-72 plane is valued at …
When landing a plane amid birds, bobcats or alligators, it helps to have an air traffic controller on the lookout. But many small airports across the United States face losing this extra pair of eyes starting April 1, as budget …