Neb. Beef Insurer Wants Damages Nixed In $6M Row

Law360, New York (June 23, 2009, 12:00 AM EDT) -- While Factory Mutual Insurance Co. is seeking a court declaration absolving it from covering $6.4 million in losses suffered by Nebraska Beef Inc., the insurer has asked the court to strike the beef producer’s counterclaim for punitive damages relating to breach of contract allegations.

On Monday, Factory Mutual urged the U.S. District Court for the District of Nebraska to toss the bid by defendants Nebraska Beef and South Omaha Investors Pack LLC for punitive damages, noting that Nebraska law bars the recovery of damages in connection...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.