A federal judge in Pennsylvania is on track to divvy up the shares to be paid in an Oklahoma state-court settlement—which stemmed from a deadly collision between a train and a car—between Union Pacific Railroad and the company it contracted for clearing vegetation from railroad crossings.
The underlying case, which was brought against Union Pacific and not the clearing company, settled for $6.5 million. Then, relying on the contract it had with the clearing company specifying that the company is required to indemnify Union Pacific for liability arising from death associated with its work, Union Pacific sought the $5 million limit from the company’s umbrella insurance carrier, Colony National Insurance.
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