Liberty Can Recoup $1M Payout On Crash Deal, 5th Circ. Says

Law360 (January 28, 2021, 8:53 PM EST) -- The Fifth Circuit ruled Wednesday that a Liberty Mutual unit can recoup its $1 million payment toward a settlement of two lawsuits over a fatal accident involving one of policyholder Darling Ingredients Inc.'s transportation contractors, finding that Darling was required to pay that sum as a deductible.

A three-judge panel of the appeals court reversed a Mississippi federal judge's ruling and held that an endorsement in a $2 million "business auto" policy that Liberty Mutual Fire Insurance Co. issued to Darling is enforceable and obligated the food ingredients company to pay a $1 million deductible before the insurer's coverage obligations would...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!