by AIP Online Bureau | Nov 10, 2023 | International News, Risk Management
Kia said in a regulatory filing it had stopped production at three main assembly plants at its Gwangju complex, except for bus and military-related product manufacturing. The company said the timing for a resumption had not been determined yet SEOUL: Automaker Kia...
by AIP Online Bureau | Mar 17, 2023 | Indian News, Non-Life
MACT member M M Walimohammed ordered the driver of the errant vehicle and the insurance company Bajaj Allianz Insurance Co Ltd to jointly and severally pay the compensation to the claimants along with 8 per cent per annum interest from the date of filing of the claim...
by AIP Online Bureau | Aug 23, 2022 | International News, Non-Life, Reinsurance
In Georgia, 75% of proceeds from punitive damage verdicts go to the state. The rest is split between the plaintiffs and the lawyers. Ford Motor Co. was told by a jury to pay more than $1.7 billion over a 2014 rollover accident that killed a Georgia couple, a lawyer...
by AIP Online Bureau | Jul 22, 2022 | Indian News, Non-Life
MACT member H M Bhosale directed the respondents — the owner of the offending tourist car of Delhi-based Shine Holidays and United India Insurance Company Limited — to jointly and severally pay the claimants with an interest of 8 per cent per annum from the date of...
by AIP Online Bureau | Apr 11, 2022 | Indian News
Around 32 people have so far been rescued while 15 people remain trapped mid-air in a row of cable cars, nearly 28 hours after the accident took place around 20 km from the famous Baba Baidyanth temple in Deoghar town Deoghar (Jharkhand): One more person died on...
