MTA News

Feds to Examine New York’s Metro-North Railroad for 2 Months

Federal experts will spend the next two months examining safety compliance and safety culture at a commuter railroad that operated a train that derailed and killed four people this month.The effort will assess a broad range of practices at Metro-North …

MTA’s Captive Insurer FMTAC Comments on Coverages for Train Derailment

New York’s Metropolitan Transportation Authority (MTA) has a wholly owned insurance subsidiary, a captive insurer called the First Mutual Transportation Assurance Company (FMTAC), that will provide part of the coverages for liability and property losses stemming from the Dec. 1 …