Norfolk Southern announces details of plan to pay for lost home values because of Ohio derailment

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Norfolk Southern announces details of plan to pay for lost home values because of Ohio derailment
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Norfolk Southern announced new details Monday about its plan to compensate East Palestine residents for lost home values since the fiery derailment disrupted life in the eastern Ohio town in February

FILE - A black plume rises over East Palestine, Ohio, as a result of a controlled detonation of a portion of the derailed Norfolk Southern trains, Feb. 6, 2023. Norfolk Southern announced new details Monday, Sept. 18, about its plan to compensate East Palestine residents for lost home values since the fiery derailment disrupted life in the eastern Ohio town in February.

“This is another step in fulfilling our promise to East Palestine to make it right. Norfolk Southern is steadfast in keeping our commitments, including protecting the home values of the community,” said CEO Alan Shaw, who is working to improve safety on the railroad. “This program aims to give homeowners the reassurance they need.”

JD Vance, one of Ohio's U.S. Senators who proposed a package of railroad safety reforms after the derailment that is still awaiting a vote, said he remains skeptical of Norfolk Southern.

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