Thursday, March 27, 2008

How Much Does One Big Accident Cost?

Quite a number of people were injured on the Son of Beast roller coaster at Paramount's Kings Island in Ohio in 2006 when a timber in the support structure broke. The ride went through extensive reworkings, including the complete removal of the loop (it had previously been the only extant wooden roller coaster in the world with a loop) and major structural changes. In addition, many, if not all, of the riders filed suit for their injuries. Now we know how much, in rough terms, all of that cost.

$20 million.

At least that's how much the park had been awarded in a lower court ruling in its suit against the ride designer's insurer. But the intermediate appellate court reversed, ruling that the kind of damages at issue were not covered.

That's probably about how much the park spent on the coaster when it was initially built.

--BC

http://lawprofessors.typepad.com/tortsprof/2008/03/how-much-does-o.html

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