Washington D.C. Train Crash Leads to Record Claims

The Washington D.C. Metro crash that took place in June (the region’s deadliest on record) that killed 9 people and injured 76 others will cost the insurance company American International Group Inc., insurers at Lloyd’s of London and several other companies at least $100 million in claims. The exact dollar amount is not known yet since it hinges on a few factors like expected lifetime earnings of victims and how negligent the Washington Metropolitan Area Transit Authority was.

This high cost will most likely prompt insurers to raise their rates on coverage to other entities that they insure, like the aviation industry. A Manager for a New York based insurer said, “Underwriting criteria will get more strict. And this in turn may prompt the transit agencies to buy new safer equipment.” Washington D.C. officials have ordered an “urgent” review of the Metro rail system in order to ensure that a repeat of the incident does not occur.

Operating several thousand tons of moving train cars requires the utmost concentration and diligence. Yet all too often, operator negligence is found to be the root cause of a train accident. Although much is made of the operator’s responsibility for the safety of passengers and the general public, a large team of professionals are also involved in keeping a train running safely. Investigators are continuing their investigation as to the exact cause of this tragic train accident.

The Pennsylvania wrongful death lawyers at Anapol Weiss have been helping their clients receive their rightful compensation for losses they suffer, be they financial or emotional. Washington D.C.’s deadliest train accident along with the recent Chatsworth, CA metro train mishap, which happened last year, has many of us concerned. Anapol Weiss has the experience that is required to effectively pursue all types of personal injury cases, including injuries suffered due to Pennsylvania train accidents.

Our personal injury attorneys will comprehensively investigate every aspect of your claim while the evidence is still fresh. We regularly consult with experts to estimate the projected cost of litigation and the potential recovery or exposure. This process continues throughout the litigation and allows us to closely monitor litigation costs in most matters. Please call 1-866-735-2792 for a free consultation of your situation.

Source report:http://www.bloomberg.com/apps/news?pid=20601087&sid=aHTaxTWmLmzY#

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