Insurers Sue Toyota for Sudden Acceleration Crashes

By Michelle Krebs January 4, 2011

Seven insurance companies have sued Toyota Motor Corp. in an attempt to recover money paidToyota logo gray - 120.JPG to cover crashes they blame on sudden acceleration, the Associated Press reported in picking up a story from the Los Angeles Times this morning.

The insurers cite data that blames 725 crashes on the problem. The fault, they claim is Toyota's for failing to equip its cars with a brake override system.  The insurance companies seek damages in excess of $230,000 for 14 crashes.

Toyota responded that the latest lawsuits were without merit.

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alman08 says: 10:28 AM, 01.04.11

and people should collectively sue insurance companies for unreasonable rate hikes.

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