Jury Sides With Insurers In Fight Over Sunken Barge

Law360, New York (May 2, 2013, 1:24 PM EDT) -- A federal jury on Wednesday found Starr Indemnity & Liability Co. and New York Marine & General Insurance Co. had no duty to cover two cement companies in a coverage battle over a barge that sank in the Mississippi River while docked in St. Louis.

The insurers said that they had issued a marine insurance policy to Continental Cement Co. LLC and its parent company Summit Materials LLC. Prior to that, Continental completed an application, which required Continental to produce all recent surveys, and provided numerous...
To view the full article, register now.