Insurer Off Hook For Pilgrim's Pride Settlement

Law360, New York (April 1, 2009, 12:00 AM EDT) -- A judge has found that liability insurer Continental Casualty Co. does not have to provide coverage for a settlement between ACE American Insurance Co. and Pilgrim’s Pride Corp. over a disputed damage claim arising from a listeria outbreak at one of the poultry producer’s plants.

On Tuesday, Judge Paul A. Crotty issued a ruling in the U.S. District Court for the Southern District of New York granting summary judgment to Continental Casualty, and declaring that Continental Casualty is not liable for any portion of the Pilgrim’s...
To view the full article, register now.