An insurance company says its liability for a pre-Thanksgiving asphalt spill on the Pennsylvania Turnpike should be limited to $1 million.
Hundreds of vehicles were reportedly damaged when a leaking valve on a tanker spread the gooey substance over part of the turnpike in western Pennsylvania.
The Pittsburgh Tribune-Review reports Monday that Travelers Indemnity Co. says it has received more than 900 claims from the incident.
The paper reports that Travelers says in the lawsuit that since the claims are likely to exceed the $1 million provided by a policy, a federal judge should decide who receives compensation from that sum. Travelers also is seeking a ruling that it’s not liable for damages under two other policies held by MTS Transport, the trucking company.
Was this article valuable?
Here are more articles you may enjoy.
PwC Pays $166 Million to Settle HK Evergrande Audit Probe
Bayer Gets Mixed Reception at Supreme Court on Roundup Suits
Legal Analysis: Insurer Subrogation Rights Under Scrutiny
Missed Warnings, Flawed Communication at Play in LaGuardia Crash