Kemper On The Hook For $11.5M River Cleanup

Law360, New York (January 13, 2010, 6:30 PM EST) -- A federal judge has ordered insurance underwriter Kemper Environmental Ltd. to pay Indiana-based steel company Ispat Inland Inc. more than $11.5 million in a breach of contract dispute relating to a hazardous waste cleanup at a facility bordering Lake Michigan.

Judge Barbara Jones of the U.S. District Court for the Southern District of New York entered a judgment against Kemper Friday, ordering the insurers to reimburse Ispat for the nearly $9 million it spent in a 2004 settlement with environmental regulators, as well as more than...
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