First Mutual Transportation Assurance Company News

New York MTA’s Captive Insurer to Provide Coverage in Fatal Train-SUV Crash

New York Metropolitan Transportation Authority’s (MTA) captive insurer and wholly owned insurance subsidiary First Mutual Transportation Assurance Company (FMTAC) will lead coverage for liability for third party claims and property losses stemming from last week’s fatal MTA Metro-North Railroad train-SUV …

MTA’s Captive Insurer FMTAC Comments on Coverages for Train Derailment

New York’s Metropolitan Transportation Authority (MTA) has a wholly owned insurance subsidiary, a captive insurer called the First Mutual Transportation Assurance Company (FMTAC), that will provide part of the coverages for liability and property losses stemming from the Dec. 1 …