Travelers Indemnity Says $1M Policy Won’t Cover Penn. Turnpike Mess

The insurer of a trucking company whose tanker leaked sticky black goo onto the Pennsylvania Turnpike in November says in court filings that its $1 million policy likely won’t be enough to cover roughly 1,000 claims for damaged vehicles. The Travelers Indemnity Co. has deposited $1 million into a bank account overseen by a federal judge in Pittsburgh to satisfy its policy covering MTS Transport.