Singapore Aviation & General Insurance Co. filed a complaint in Federal District Court in New York to recover damages from Boeing and several other companies it claims to be responsible for the 1997 crash of a Silk Air 737 which killed all 104 persons on board. The complaint alleges negligence in the design of the aircraft and seeks repayment of the plane’s $35-million cost. The filing comes soon after Indonesian investigators determined that there was no “pilot error” involved, but U.S. aviation authorities have questioned the findings.
Was this article valuable?
Here are more articles you may enjoy.
Warren, Hawley Press Insurers Over Closed, Unpaid Claims
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
National Flood Insurance Program’s Authority to Expire in December 


