Railroads Get Partial Win In Derailment Insurance Suit

Law360, New York (September 5, 2012, 4:59 PM EDT) -- A New York federal judge on Tuesday partially rejected attempts by Nipponkoa Insurance Co. Ltd. and Sompo Japan Insurance Inc. to hold two railroad companies liable for damaged freight in a long-brewing coverage dispute over an April 2006 train derailment in Texas.

In an order on the parties’ cross motions for summary judgment, U.S. District Judge Denny Chin handed a partial win to Norfolk Southern Railway Co. and The Kansas City Southern Railway Co., ruling that the defendants did not bear liability for the damaged Georgia-bound...
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