Advertise
Resources
Member, Beacon International Group, Ltd.
Leading global brokers Aon Corp., Marsh Inc. and Willis Group Ltd. plan to lobby the European Union to support a proposed aviation terrorism insurance program that is similar to the Equitime proposal in the United States. Under the proposed program, dubbed Eurotime, a per passenger surcharge would be imposed to provide third-party and passenger liability coverage for acts of terrorism. E.U. government guarantees for airline terrorism coverage expire at the end of May....The average personal injury jury award increased to $50,000 in 2000, a 26% increase over awards in 1999, according to a report by Jury Verdict Research. According to the report, plaintiffs also won more frequently, winning 57% of the verdicts in 2000, compared with 52% in 1999.