Commuter Railroads Applaud Bipartisan House Bill on Liability Insurance
Commuter railroads, facing funding cuts and lower ridership since the pandemic, are seeking relief regarding liability insurance coverage.
The Commuter Rail Coalition supports a bipartisan bill that would give commuter railroads 60 additional days to secure excess liability coverage.
- Current law allows 30 days to obtain additional insurance coverage when the federal liability cap is adjusted.
- The proposed Passenger Rail Liability Adjustment Act of 2025 would provide 90 days to secure additional liability insurance coverage.
The Commuter Rail Coalition is cheering a bipartisan bill that would give commuter railroads 60 additional days to secure additional excess liability coverage.
Author's summary: Bipartisan bill aids commuter railroads with liability insurance.
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