Insurer Needn't Cover Claims In Train Derailment: Ill. Court

By Jeff Sistrunk (March 27, 2015, 4:21 PM EDT) -- Bituminous Casualty Corp. doesn't have to cover Plano Molding Co. for claims stemming from a 2005 Oklahoma train derailment that was allegedly caused by cargo it ordered, an Illinois appeals court ruled Thursday, holding that the shipment's bill of lading isn't an insured contract excepted from a policy exclusion....

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