A settlement has been reached in a lawsuit over the 2015 landslide that collapsed a runway safety overrun at Yeager Airport in Charleston, West Virginia.
The Charleston Gazette-Mail reports Yeager officials say the airport was awarded $14.8 million in the settlement that ends all legal wrangling stemming from the collapse. Of that, about $6 million will go for fees and reimbursements, leaving the airport with about $8.3 million.
Following the collapse, Yeager Airport filed suit against 15 construction, engineering, design, insurance and supply firms involved with building the 240-foot-high earthen structure supporting the safety overrun area. No one was injured in the collapse.
Yeager board Chairman Ed Hill said the settlement vindicates the airport of any wrongdoing.
Was this article valuable?
Here are more articles you may enjoy.
Older, Wealthier Renters Drive Changes in Insurance Needs 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Space Startups Seek Insurance for Orbital AI Data Centers 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
