16-04-2018 20:20 via insuranceinsider.com

USAIG on risk for $50mn NYC helicopter crash

Berkshire Hathaway-backed aviation pool United States Aircraft
Insurance Group (USAIG) leads the insurance policy for the
helicopter that crashed into New York's East River last month,
killing five passengers, The Insurance
Insider can reveal.
The aviation policy set to pay out for hull and liability
damages arising from the crash is held by Liberty Helicopters and
has a $50mn limit, this publication understands.
Multiple underwriting sources said the policy would be totalled
and warned costs co
Read more »