CSX Vows To Appeal Ruling In Katrina Coverage Spat

Law360, New York (October 26, 2009, 2:04 PM EDT) -- CSX Corp. has said it will appeal a judge's finding that the railroad company is not entitled to coverage for business interruption claims in a dispute with several insurers over hundreds of millions of dollars in Hurricane Katrina-related damage.

CSX and its affiliate, CSX Insurance Co., filed a notice of appeal Friday in the U.S. District Court for the Middle District of Florida, challenging a ruling that granted some relief to the defendants, including North River Insurance Co., Munich Reinsurance America Inc. and Hartford Fire Insurance...
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.