Contractor Says Insurer's Settlement Denial Cost It Millions

Law360, New York (April 15, 2013, 2:24 PM EDT) -- A contractor that was forced to pay $24 million following an Illinois jury verdict over the death of two workers burned in a ConAgra Foods Inc. grain mill explosion sued RSUI Indemnity Co. on Friday over its alleged refusal to settle the case for half that amount.

West Side Salvage Inc., which shouldered a $21 million portion of the approximately $180.3 million damages award entered in June, says excess insurer RSUI acted in bad faith by refusing an opportunity offered by the workers to shut down...
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