Continental Eyes Others Over $11.5M BART Tab

Law360, New York (November 13, 2009, 3:15 PM EST) -- With San Francisco's Bay Area Rapid Transit demanding $11.5 million still, Continental Casualty Co. is seeking to hold a subsidiary group of insurers responsible for the gap in coverage following an electrical disaster that shut down routes of BART service for several days in May 2008.

Continental filed a third-party complaint Thursday in the U.S. District Court for the Northern District of California, trying to shift the financial blame onto Swiss Reinsurance Co., Lexington Insurance Co., Certain Underwriters At Lloyd’s of London and Integon Specialty Insurance...
To view the full article, register now.