Pentair, Insurer Settle Over Interest On $30M Judgment

Law360, New York (November 9, 2011, 1:26 PM EST) -- Pentair Water Treatment Co. and Westchester Fire Insurance Co. on Monday settled a suit in Ohio federal court over the interest and taxable costs of a $30 million judgment the water treatment company paid after a fatal outbreak of Legionnaires' disease on a cruise ship.

Pentair had accused Westchester of breaching the terms of its $15 million commercial umbrella policy with Pentair by refusing to pay the interest and costs that Pentair had to shell out on top of the $30 million payment. The parties agreed...
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