Reinsurance News
MGM Resorts
Insurers to cover up to $751m of MGM’s Las Vegas shooting settlement
4th October 2019
American global hospitality and entertainment company MGM Resorts has reached a settlement agreement between $735 million and $800 million to settle liabilities from the 2017 mass shooting in Las Vegas. Additionally, MGM has confirmed that insurers could pay between $735 million and $751 million towards the settlement. Since the attack at an ... Read the full article
Insurers could pay more than $750 million in claims from Las Vegas shooting
21st May 2019
MGM Resorts has said that it could payout up to $800 million to settle liabilities from the 2017 mass shooting in Las Vegas. The attack on the crowd at an open-air concert claimed the lives of 58 people and injured more than 800, and plaintiffs are looking for compensation for a ... Read the full article
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