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Amtrak Can Pursue Sandy Repair Coverage, 2nd Circ. Rules

By Jeff Sistrunk (August 31, 2016, 2:42 PM EDT) -- The Second Circuit on Wednesday upheld U.S. District Judge Jed Rakoff's ruling that salt damage to Amtrak's Penn Station tunnels after Hurricane Sandy is subject to a $125 million flood sublimit in its insurance policies, but found that the rail giant may be entitled to additional coverage for the replacement of undamaged components of the tunnels....

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