Insurers Lose Sanctions Bid In Sunken Cement Barge Case

Law360, New York (April 23, 2013, 3:14 PM EDT) -- A federal judge on Tuesday rejected a bid by Starr Indemnity & Liability Co. and New York Marine & General Insurance Co. to punish two cement companies for allegedly destroying evidence in a coverage battle over a sunken barge.

Starr and NYMG sued Continental Cement Co. LLC, Summit Materials LLC and the U.S. Army Corps of Engineers in May 2011 in an effort to avoid paying costs related to the sinking of the Mark Twain, a cement barge docked in St. Louis. The insurers said the...
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