July 06, 2015
Amtrak has reached a settlement with its primary insurers in a suit seeking compensation for property damage caused by Superstorm Sandy, according to court documents filed late Thursday.
July 02, 2015
A New York federal judge on Thursday denied Amtrak's motion to reconsider an order dismissing certain insurers from a suit seeking compensation for rail damage caused by Superstorm Sandy, effectively pulling the excess insurers from a breach of contract trial set to begin next month.
June 30, 2015
Excess insurers told a New York federal judge on Tuesday not to undo a recent decision dismissing them from Amtrak's suit seeking compensation for rail damage caused by Superstorm Sandy, claiming that Amtrak has contradicted itself by trying to shoehorn wind-related claims into its suit.
June 24, 2015
A New York federal judge ruled Wednesday that a storm surge that filled several Amtrak tunnels after Superstorm Sandy constituted flooding under Amtrak's insurance policies, limiting the rail giant's recovery to a $125 million sublimit and dismissing a slew of excess insurers from the dispute.
June 11, 2015
Amtrak should dismiss a breach of contract claim from its suit seeking $1.2 billion from insurers over rail damage from Superstorm Sandy after abruptly changing course and telling a New York federal court it's fine with just $61 million it already received, the insurers said Wednesday.
May 29, 2015
Amtrak urged a New York federal judge Thursday to rebuff efforts by insurance companies to exclude its expert testimony and reports regarding rail damage in a $1 billion coverage battle over losses caused by Superstorm Sandy, saying that the insurers' arguments are either premature or meritless.
April 24, 2015
Amtrak on Friday urged a New York federal judge to reject insurers' bid to shrink a $1 billion dispute over losses tied to Superstorm Sandy by defining the disaster as a flood subject to a $125 million sublimit, saying almost none of the policies' definitions of flooding included storm surges.
March 09, 2015
Amtrak argued in New York federal court Friday that it has a right to sue Partner Reinsurance Europe PLC in a $1 billion dispute over losses tied to Superstorm Sandy because the reinsurer was responsible for handling its claim and obligated to pay it directly.
February 23, 2015
Partner Reinsurance Europe PLC urged a New York federal court Friday to dismiss all of Amtrak's claims against it in an insurance coverage suit over more than $1 billion in losses tied to Superstorm Sandy, contending that Amtrak can't sue the reinsurer directly because the parties lack privity.
February 18, 2015
A New York federal judge on Tuesday denied Amtrak's motions with regard to two key terms in policies issued by a slew of insurers in its coverage suit over more than $1 billion in losses tied to Superstorm Sandy, and dismissed part of its claim for unspecified "consequential" damages.