Goldberg Segalla Partner Larry Mason emphasized the necessity of strong underwriting practices while discussing the major 2023 train derailment incident in East Palestine, Ohio, with Law360. In order to protect insurer-based interests, Mason believes railroads and similar businesses will garner elevated risk management analysis.

“Since this incident has received significant risk management attention, railroads and related businesses are likely to have already received and will continue to receive greater underwriting scrutiny,” Mason said.

READ THE FULL ARTICLE HERE: “Norfolk’s Proposed Deal Shows Risk Management Is Critical” Law360 Insurance Authority, April 11, 2024 (Subscription Required)

MORE ABOUT GOLDBERG SEGALLA’S Larry D. Mason:

Larry D. Mason is a renowned trial and appellate litigator and counselor to many national and international businesses across diverse industries. Based in Chicago but with experience litigating and counseling clients through complicated and high-profile matters across the country and internationally, he dedicates most of his practice to insurance coverage, reinsurance, commercial litigation, environmental and toxic torts, and complex insurance regulatory matters. He also focuses on professional liability for clients in insurance, environmental, construction, and related industries; products liability; and identifying emerging risks. He brings his extensive experience to leadership positions in the firm, where he is chair of the Environmental and Mass Torts Coverage, First-Party Property, and Construction Coverage subgroups.