Norfolk Southern agrees to pay $600 million to settle a lawsuit related to a 2023 train derailment in Ohio. The settlement, subject to court approval, will compensate residents and businesses within 20 miles of the incident and address personal injury claims within a 10-mile radius. The company emphasizes that the funds can be used for various purposes, including healthcare, property restoration, and business losses. The lawyers representing the victims view the settlement as fair and timely, given the amount of compensation involved. The derailment involved hazardous materials, leading to evacuations and concerns about contamination. Despite promises to enhance rail safety, derailments have increased. President Biden visited the affected town, and the settlement is in addition to previous payments made by Norfolk Southern. The company has stated that it does not admit liability or fault.