Six Costa Concordia Passengers Sue for $460M

Lump Sum Offer Refused

If Costa Cruises had hoped for a swift settlement, then that ship may have sailed.

On Jan. 27, the company offered 11,000 euros, or roughly $14,400, in reimbursement to each of the hundreds (including children) who survived the harrowing experience that left at least 16 dead and others missing.

The specified per-passenger amount is the result of an agreement between Italian consumer advocacy groups and Costa Cruises. Although the compensation package is reportedly higher than the current indemnification limits provided for in international conventions and laws, it appears to be insufficient to at least six passengers who may be initiating a multi-million-dollar counter offer of their own.

That same day, six Costa Concordia survivors lodged a complaint in southern Florida, where parent company Carnival Cruise Lines maintains its headquarters. The plaintiffs have requested a jury trial and are allegedly seeking “economic and compensatory damages in excess of $10 million (and) punitive damages of at least $450 million,” SunSentinel.com reports. In the suit, they charge cruise ship operators with “maritime negligence” and “intentional infliction of emotional distress,” among other counts.

This legal action may be a precursor of what is to come. The families of the deceased and those who required medical treatment on-site will be covered under a separate proposal that will take into account individual circumstances. 

Comments

Resource Center

View All »

Complimentary White Paper: The Compression of Workplace Time

How brokers and carriers respond to the compression of workplace time will create significant competitive...

The Changing Insurance Consumer: 6 Ways to Create Profitable Relationships

Today’s mobile and web-savvy consumers have new expectations when it comes to interacting with your...

Contractors General Liability Coverage 102

What is a prior work exclusion? Which option is right for my client? Why do...

Sign up today to get a 50% matching credit -...

Insurance marketing sometimes seems like it's a game of swings and misses, but we're here...

Guide: 5 Steps to Selling Cyber

Cyber risk and data security is on the agenda of every business owner and executive....

Citation Correlation

Do rigger and signalperson qualifications correlate with the cause of crane and rigging accidents? ...

Complete Guide to Electronic Signatures in Property & Casualty Insurance...

In property and casualty insurance, closing new business quickly is key. Learn how to leverage...

INSTANT ACCESS: Complimentary Sales Closer Questionnaires

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

Determining Vacant Property Perils and Valuations

Are your clients fully covered for Vacant Properties? In this economic climate, your insureds may...

Risk Management for Law Firms

This package of 3 concise risk management articles offers straightforward content and practical suggestions law...

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Claims-Handling Guidelines

Claims Magazine is providing the following free guidelines and regulations in order to help adjusting professionals stay abreast of each state’s unique property and casualty claim-handling requirements.

View our State Guidelines »

Advertisement. Closing in 15 seconds.