Liberty Beats Pipe Co.'s Appeal Over $13.5M Coverage Loss

Law360 (May 25, 2018, 4:34 PM EDT) -- The Eighth Circuit on Friday upheld a lower court's ruling that Liberty Mutual doesn't have to cover $13.5 million in expenses that a pipe maker says it incurred shifting production overseas after a 2012 fire at its plant in Little Rock, Arkansas, rejecting the manufacturer's contention that the costs were necessary to avert covered business income losses.

A three-judge panel agreed with U.S. District Judge J. Leon Holmes that Welspun Pipes Inc. isn't entitled to coverage from Liberty Mutual Fire Insurance Co. for mitigation expenses tied to its decision to move production on part of a pipe order to India following...

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