railroad liability insurance News

Pennsylvania Widow Blames Railroad Trestle for Husband’s Death

A northeastern Pennsylvania woman is suing over a railroad trestle she contends is unsafe and led to her husband’s death on a dirt bike last year. Courtney Cruz contends her 29-year-old husband, Daniel, died when his bike fell through a …

Senate Bill Would Raise Amtrak Liability Limit

U.S. Sen. Bill Nelson, D-Fla., has filed legislation aimed at helping victims of the deadly May 12 Amtrak derailment. Nelson’s bill would raise the current $200 million cap on the amount a passenger rail company is obligated to pay victims …

Aon Launches Custom Liability Product for Railroad Industry

Aon Risk Solutions, the global risk management business of Aon plc, has launched a new product designed to support the railroad industry, including Class I railroads. Called the Cantilever Excess Pollution Liability product, this new offering addresses the railroad industry’s …

Alabama Oil Train Derailment Raises New Crude-by-Rail Safety Questions

The second explosive oil-train derailment this year, which has finally burned out in rural Alabama, may raise new questions about the safety of the crude-by-rail boom, pointing to problems beyond those that surfaced following the earlier tragedy in Quebec. Within …

Aon Launches Excess Liability Facility for Railroad Business

Aon Risk Solutions, the global risk management business of Aon plc, has launched Aon Rail Excess Liability facility. The insurance facility was created in response to emerging risks arising out of requirements in the Rail Safety Improvement Act of 2008 …

ACE Launches New Railroad Insurance Unit

ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has formed a new railroad underwriting unit. The new unit will deliver railroad liability insurance products and services through a new product offering — ACE Tracks — specifically designed …

Arch Names Whiddon to Head Railroad Casualty Business

Arch Insurance Group has appointed Catherine Whiddon, regional vice president, as head of the company’s railroad casualty business unit. She will lead the underwriting of all commercial railroad liability, force account liability, railroad protective liability, scenic excursion liability, railroad general …