PHILADELPHIA--(BUSINESS WIRE)--
ACE Group today announced that Cate Whiddon, Vice President, Railroad,
ACE Westchester, ACE’s wholesale-focused business in the U.S., will
participate in a panel discussion at the upcoming American Short Line
and Regional Railroad Association (ASLRRA) Connections Annual
Conference, to be held in San Diego, CA, from April 22 to April 25,
2014, participating in a session entitled “Rail Insurance – Current
Trends and Historical Perspectives in Light of Recent Events.” Ms.
Whiddon will focus her talk on evaluating the risk of transporting crude
oil by rail. American
Short Line and Regional Railroad Association is one of the largest
railroad industry events for rail industry representatives, featuring
more than 40 breakout sessions addressing railroading’s most relevant
issues, such as railroad safety, crisis management, rail integrity, and
derailment and fatality prevention.
Commenting on the opportunity, Ms. Whiddon said, “I’m pleased to be able
to participate in this session and speak about ACE’s new railroad
division, as well as the many benefits of transporting crude oil by
rail, the risks to consider, and safety protocols. The benefits of rail
transport are many, but also include the importance of maintaining
product integrity, the ability to deliver desired volumes of the
product, and the benefits of a strong, established infrastructure.”
ACE formed the Railroad Underwriting Unit in June of 2013 to deliver a
full range of insurance and risk management liability coverage,
specifically designed to meet the unique needs of the railroad
transportation industry. The product offerings -- ACE TracksSM --
provide coverage for damages resulting from covered perils to protect
railroad operations and railroad contractor clients, with the following
options:
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Railroad liability claims made and occurrence forms including Federal
Employers’ Liability Act (FELA), foreign rolling stock and bill of
lading coverage
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General liability with tailored coverages for railroad contractors
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Railroad protective liability (ISO) filed forms are available
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Excursion railroad liability occurrence coverage with tailored
coverages for your clients’ unique exposures
ACE Westchester is part of ACE Group, which is one of the world’s
largest multiline property and casualty insurers. With operations in 54
countries, ACE provides commercial and personal property and casualty
insurance, personal accident supplemental health insurance, reinsurance,
and life insurance to a diverse group of clients. ACE Limited, the
parent company of the ACE Group, is listed on the New York Stock
Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional
information can be found at: www.acegroup.com
Source: ACE Group