Advertisement

Rail Runner damage settlements reach nearly $8M

Created: 08/18/2014 11:16 AM
By: BARRY MASSEY Associated Press

SANTA FE, N.M. (AP) - State records show that New Mexico has paid nearly $8 million to settle damage claims against the Rail Runner Express.

But the commuter rail system, until last month, made no premium payments into the state's self-insurance program that provides liability coverage for settlements of lawsuits against government agencies. The insurance arrangement represented a little-known subsidy for the state-owned passenger train.

According to General Services Department records, the taxpayer-financed liability fund has covered $7.7 million in settlements involving the Rail Runner since it started in mid-2006. Those settlements include about $4 million for wrongful death claims for car-train accidents that killed three people in 2007.

Gov. Susana Martinez's administration assessed a $2 million annual insurance premium on the Rail Runner for the budget year that began last month.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Advertisement



Join Our Email List

Advertisement