Amtrak Can Only Recover $125M For Sandy, 2nd Circ. Told

By Jeff Sistrunk (February 5, 2016, 4:06 PM EST) -- A slew of excess insurers urged the Second Circuit on Thursday to uphold a New York federal court's ruling that Amtrak can only recover up to $125 million for damage to its tunnels resulting from Hurricane Sandy, contending that the lower court properly determined the entire loss was a single occurrence caused by flood....

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