“Insurers squaring off against Toyota in lawsuits” |
| Insurers squaring off against Toyota in lawsuits Posted: 04 Jan 2011 01:46 PM PST (01-04) 12:52 PST LOS ANGELES, (AP) -- Insurance companies are suing Toyota Motor Corp. over its sudden acceleration issues and have the time and money to challenge the automaker in court. The Japanese company faces lawsuits by insurers who are looking to recoup money for their policyholders to cover crashes blamed on sudden acceleration. Legal experts say insurance companies could cull a national database that provides information about auto accidents which could be shared with others who have sued Toyota. Lawsuits have been filed in Los Angeles by insurers, claiming negligence and fraud by Toyota. The automaker has said the suits are without merit and deny their vehicles are defective. Toyota recalled more than 10 million vehicles since late 2009. The car maker blames driver error, faulty floor mats and sticky accelerator pedals for the unintended acceleration. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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