CSX Vows To Appeal Ruling In Katrina Coverage Spat

Law360, New York (October 26, 2009, 2:04 PM EDT) -- CSX Corp. has said it will appeal a judge's finding that the railroad company is not entitled to coverage for business interruption claims in a dispute with several insurers over hundreds of millions of dollars in Hurricane Katrina-related damage.

CSX and its affiliate, CSX Insurance Co., filed a notice of appeal Friday in the U.S. District Court for the Middle District of Florida, challenging a ruling that granted some relief to the defendants, including North River Insurance Co., Munich Reinsurance America Inc. and Hartford Fire Insurance...
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