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Hotel owner in Las Vegas Strip mass shooting sues its insurance company

June 26, 2019June 26, 2019 Nordstrom

Las Vegas Strip Mass Shooting - Image of Las Vegas Strip

MGM Resorts International is faced with extensive damage claims from over 4,000 people. As MGM Resorts International copes with damage claims from more than 4,000 people due to the Las Vegas Strip mass shooting, its owner has sued its insurance company. The owner claims that its insurer has not paid the legal costs as promised. Thousands of lawsuits seek damages after a terrifying and heartbreaking shooting that left 58 people dead. MGM Resorts alleges that its insurance company has breached its contract regarding payments for the legal costs relating to…

Insurance news in Thailand predicts record growth for the industry in 2012

September 5, 2012September 4, 2012 H. Cutner

Thai insurers are forecasting an increase of 20 percent this year. The insurance news from Thailand is now expecting that the industry in the country will be seeing record growth of around 20 percent in 2012, which has been primarily driven by the increase of non-life coverage sector following the tremendous flooding in 2011. Sales of new cars have also reached record levels due to government incentives. First time car buyers have given a notable boost to the demand for auto coverage, bringing it to never before seen levels. Insurance…