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Amtrak damages capped at $200 million | Canadian Insurance
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Amtrak damages capped at $200 million

Congress instituted the cap in 1997

Amtrak won’t pay out more than $200 million in damages for Tuesday’s train crash, which has left eight dead and hundreds injured.

Congress instituted the cap in 1997 to protect Amtrak and other public transportation systems.

The U.S. Department of Transportation have developed actuarial tables that peg the value of a life ended in an accident at $7 million, Maryland attorney Larry Mann told CBS. He added that serious injuries can sometimes exceed wrongful death in damages.

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