uninsured losses News

Lawsuit Alleges Drill Bit Left During Repair Caused Cessna Crash

A drill bit left during repair of a single-engine Cessna aircraft is responsible for a 2015 crash in Arkansas that caused minor injuries to the pilot and destroyed the new $712,290 aircraft, a federal lawsuit alleged. The complaint filed Friday …

Swiss Re Risk Officer Says Uninsured Disaster Losses Are Growing

Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss Re Ltd. “When they happen, they are more severe,” he said today at a presentation in Zurich. More losses occur …

Ohio Offers Help for Uninsured Storm Losses

Ohio officials say help may be available for those with uninsured losses from last week’s superstorm Sandy. The Ohio Emergency Management Agency said those with uninsured losses from the storm should contact their local emergency management agency for resources that …