Insurance companies must pay NJ Transit for trains damaged by Sandy, N.J. Supreme Court rules
Insurance companies must pay NJ Transit for trains damaged by Sandy, N.J. Supreme Court rules Updated Jan 27, 2021; The New Jersey Supreme Court backed up a lower court ruling that told insurance companies to pay up after Hurricane Sandy damaged NJ Transit trains parked in the Meadowlands Maintenance Complex train yard that flooded during the October 2012 super storm. In an opinion released Wednesday the high court echoed a November 2019 appellate court ruling that said the water damage to NJ Transit’s equipment during Sandy was not subject to a $100 million limit. The ruling was unanimous...
Source: nj.com