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Railway Disasters

Railway DisastersThe railway industry has been in the spotlight since July 6, 2013 when a Montreal, Maine & Atlantic train, which was filled with crude oil, derailed in Lac-Megantic, Que., killing 47 people. Several other high profile train accidents have occurred in Canada and around the world since the Lac-Megantic disaster and the Canadian government has since highlighted rail safety as a top priority. What will all of this mean for the insurance industry?
Chicago law firm hopes to help resolve MM&A Railway bankruptcy

Chicago law firm hopes to help resolve MM&A Railway bankruptcy

US Senator George Mitchell appointed to help break bankruptcy logjam

CTA to review how it determines minimum insurance requirements for railways

CTA to review how it determines minimum insurance requirements for railways

Increased shipment of dangerous goods by rail highlights need for appropriate coverage

Industry responds to Lac-Megantic disaster

Industry responds to Lac-Megantic disaster

Industry donations to the Canadian Red Cross are pouring in

Dangerous Goods: A Special Risk

Dangerous Goods: A Special Risk

The explosion could be heard a kilometer away and the flames were visible from just as far.  A fuel tanker had struck an overpass.  The …

Rail Risk

Rail Risk

Exposures in the rail industry can lead to catastrophic losses in the form of pollution and passenger injury. Additionally, these losses can have a direct …

Copyright © 2016 Transcontinental Media G.P.
Transcontinental Media G.P.