To the CTA, the description of how insurance happens makes it sound more like what we'd call a homeowner's policy. You have insurance and a high deductible. I'm glad you clarified what self-insurance really, effectively, acts like.
Now, railway companies have told us that, based on the pools of funds available for rail insurance, they have no more capacity to take on more insurance. Does CTA share that? How much insurance is available to railway companies globally for that purpose? Also, what level should the liability be, in terms of how much insurance they carry?