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Metro Legal: insurance carrier investigating downtown library garage fire; city likely underinsured
Summary
Metro Legal told the Transportation Infrastructure Committee that Travelers, the city’s property insurer, is investigating the downtown library garage fire and that Metro believes it may be underinsured for that asset.
Metro Legal told the Transportation Infrastructure Committee on Sept. 1 that the city’s property insurer, Travelers, is conducting an investigation into the downtown library garage fire and that Metro is pursuing recovery from other potentially responsible parties where possible.
Tom Cross of the Metro Legal Department said the city placed the insurer on notice and has received certificates of insurance from other parties with potential exposure, including the downtown partnership and at least one subcontractor involved in operating the garage. "We're Metro has property insurance, and our carrier is Travelers, and they're in the midst of an investigation about the causes of…
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