Norfolk Southern agrees to pay $600M in Ohio train derailment settlement

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement. The agreement is related to a fiery train derailment in February 2023 in eastern Ohio. The company says the settlement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment. For those residents who choose to participate, the settlement will cover personal injury claims within a 10-mile radius from the derailment.