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Insurer Says River Transit Co. That Caused Crash Owes $2M
Law360 (February 24, 2021, 8:10 PM EST) Starr Indemnity & Liability Co. has brought American River Transportation Co. to Louisiana federal court, alleging ARTC wrongly denied paying for a Starr policyholder s $2 million loss after ARTC s towing boat struck a bridge on the Mississippi River, causing significant damage to vessels forced to wait in the rising current.
Starr said Tuesday that ARTC is solely responsible for the losses sustained by its insured, ACBL River Operations LLC, another marine transportation company. Starr accuses ARTC of fault and negligence and asserts admiralty and maritime claims against the company.
Insurer Says River Transit Co That Caused Crash Owes $2M law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.