Muni’s new insurance policy â€”Â too late to cover this weekend’s West Portal crash? (update)
Photo by 2girls1queen
Update (August 6, 2:17 p.m.): SF Appeal helps answer the question this post asked 18 days ago. Thanks, guys!
Original post: Regular service has resumed after yesterday’s West Portal accident, but the fallout is far from over. The SFAppeal reports that 48 people were injured, four of them critical. Ahem, anybody smell a lawsuit coming? This brings us to a KCBS story that a reader sent to us about how the MTA board approved the purchase of something known as catastrophe insurance, which pays for lawsuits. Pretty sad that such a policy is warranted.
But lo and behold, a mere three days following the board’s vote, an accident more or less validates that decision.
Since the MTA board just voted to purchse the “catastrophe insurance” last Wednesday, we’re not sure if a further vote is necessary to enact the insurance policy. Or does the Board of Supervisors need to approve this?
And does the policy cover Saturday’s crash? We doubt it, unless this is a magic policy that’s magically already in place. It would be nice, if only to cover Muni’s already-broke ass. If the policy isn’t in effect, we foresee the potential for multiple lawsuits. If that happens, does Muni fall into an even deeper hole? Ugh.