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AIG Boosts Coverage For Rail Cars To $1 Bil

2014-10-09 20:45:49| Railroads - Topix.net

Railroads won a bit of relief from the financial repercussions of accidents that result in toxic spills as insurance giant American International Group agreed to increase coverage for rail cars carrying hazardous materials such as petroleum products. . The company is likely to see an uptick in sales to railroads, which are carrying more goods as a result of the energy boom and the economic recovery that is stimulating consumer and industrial purchases.

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