Recently we wrote about the recent call for regulations to be imposed on the parasailing industry. Now an insurance company, Marine Specialty Management, has been ordered to finish paying $100,000 in the deaths of two people back in 2009.
president of Marine Specialty Management, Craig Reynolds, had been ordered last December to pay $100,000 as part of an insurance claim for the deaths.
Reynolds' company was ordered in federal court in Wilmington on Thursday to pay the remaining $40,000 to settle the matter.
The couple had been allowed to go parasailing even though a tropical storm was approaching. The boat was operated by Ocean Isle Beach Watersports and NC Watersports. The article can be found here.