New York Marine & General Insured Las Vegas Festival Targeted by Shooter

October 18, 2017

A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co., according to a permit document filed in September.

Insurance for the festival was brokered by Integro USA, Inc., according to the document. The coverage applies to the festival, MGM Resorts International Inc., which owns the festival grounds, and others, according to the document.

(Reporting by Suzanne Barlyn; Editing by Alden Bentley)

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Latest Comments

  • October 20, 2017 at 6:36 pm
    Hammer10 says:
    These types of losses, most defendants pay entire policy limits AFTER the defense lawyers milk it to death. The policy limits for the festival, probably under $25 million. M... read more
  • October 19, 2017 at 5:47 pm
    Interested says:
    I agree. Compensation is inadequate. After all, how much would you want for losing your loved one in a senseless tragedy?
  • October 19, 2017 at 3:56 pm
    Marc says:
    It's not the GL limits exposure that is going to kill this carrier, but the defense costs (outside limits) associated with defending the insured against 500+ claims over the n... read more

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