DC Metro is Suing its Insurance Company

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The Washington Metropolitan Area Transit Authority is suing insurer Aon Risk Services, alleging that the company failed in their fiduciary duty in informing the agency of the full spectrum of possible liability, causing the agency to incur larger than anticipated losses following a deadly crash in June of 2009 that killed nine people, including a train driver. The WMATA's DC accident attorney says the crash has cost the agency $9 million so far, and that funds paid to victims and survivors of the accident have been taken from operating costs for the Metro rather than insurance money. A spokesman for Aon calls the agency's suit "without merit," and says Aon looks forward to defending itself against the claims in court.

Please see article below.

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Published In: Civil Remedies Updates, Insurance Updates, Transportation Updates

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