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Canadian bill mandating railway insurance coverage advances

(Source: Canadian Underwriter, May 8, 2015)

OTTAWA — A proposal to mandate insurance coverage of up to $1 billion for railway operators in Canada is in a federal government bill that was tabled Thursday for third reading in the House of Commons, the same day a separate bill proposing up to $1 billion in absolute liability on pipeline operators was tabled for first reading in the Senate.

Full story: Canadian Underwriter

Tuesday, May 12, 2015

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