Food Co., Insurers Hit Navy With $365M Flare Damage Suit

By Lana Birbrair (December 20, 2011, 6:52 PM EST) -- Smithfield Foods Inc. and several insurers hit the U.S. Department of the Navy on Tuesday with a $365 million suit alleging a fire caused at a Smithfield facility by a Marine Corps reservist caused $326 million in damages....

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