Amtrak gets insurance for natural disasters

Published: October 19, 2015

Amtrak LogoAmtrak has obtained $275 million in insurance protection against natural disaster damage to its Northeast Corridor infrastructure, the railroad announced.

The railroad used a catastrophe bond to secure the coverage, which lasts just under three years and helps protect against the kind of infrastructure damage that Amtrak experienced during Hurricane Sandy in October 2012. 

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