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Insurers weigh risks of an oil-train catastrophe

January 27, 2014 - 10:30am

Quebec Oil Train Derailment

Smoke rises from railway cars that were carrying crude oil after derailing in downtown Lac Megantic, Quebec, Canada, Saturday, July 6, 2013. A large swath of Lac Megantic was destroyed after a train carrying crude oil derailed, sparking several explosions and forcing the evacuation of nearly 1,000 people.