Last week Allstate lodged a $3 million lawsuit against Toyota Motor Corp., seeking to recover expenses associated with the claims it paid for accidents involving vehicles the automaker recalled for potential unintended acceleration issues.
The suit, which was filed in Los Angeles Superior Court, is certainly not the first to be filed against the Japanese auto company. However, it does appear to be the first made by an insurance carrier for subrogation purposes.
In federal court there are multi-class action lawsuits stemming from the acceleration problems that have been acknowledged by Toyota, which is being heavily pounded by the mounting U.S. civil litigation. In these tough economic times, insurers continue to emphasize the area of the subrogation potential. We first reported on this matter in the March, 2010 issue of Claims; please refer to this previous article for more subrogation information.
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