Insight and Intelligence on the London & International Insurance Markets

23 May 2012

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Train wreck to hit London market

2 June 2011

The London (re)insurance market is facing a sizeable claim following another high profile train crash in the United States.

The CSX Transportation freight train crash in Union County, North Carolina, on Tuesday 24 May crumpled train cars and forced the evacuation of nearby homes.

It is understood that Aon places the CSX programme.CSX spokesman Bob Sullivan said two locomotives were travelling east through the town of Mineral Springs when one train struck the other from behind at about 3:45 am...

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