VICARIOUS LIABILITY AWARD:

December 5, 2005

The New York State Supreme Court has awarded $21 million to an accident victim, setting what is believed to be a record $8 million for future pain and suffering. The case could also be one of the last vicarious liability cases that will be heard against a car leasing firm because the federal highway act repealed the state law this past summer. The case involved a 25-year-old pedestrian who was rendered a paraplegic when struck down in an accident caused by a Budget Rent A Car in November 2000. The plaintiff was represented by Kreindler & Kreindler LLP of New York. “This may be the last of the vicarious liability cases holding rental car companies responsible for the negligence of their operators, as the law of vicarious liability was revoked in August by the Federal Government’s passage of the Graves Amendment to the Federal Transportation Funding bill,” noted Attorney David Cook of Kreindler.

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine December 5, 2005
December 5, 2005
Insurance Journal Magazine

2005 Program Directory, Vol. II