Fireman's Owes Up To $14M For Biz Loss, Castings Maker Says

Law360, Chicago (October 10, 2012, 2:25 PM EDT) -- Signicast LLC is going after Fireman's Fund Insurance Co. for coverage of business income loss of up to $14 million the metal castings maker claims it suffered after a 2009 facility fire, according to the lawsuit Fireman's removed to Wisconsin federal court Tuesday.

In its state court complaint, Signacast said it is seeking a court declaration that the general liability policy it bought from Fireman's covers the business income loss tied to the fire at its Brown Deer, Wis., plant.

The company is also trying to...
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