Lexington On Hook For $7.5M Salt Mine Damage: 10th Circ.

Law360, Los Angeles (March 11, 2014, 6:22 PM EDT) -- The Tenth Circuit on Tuesday reversed an earlier win for Lexington Insurance Co., finding the insurer was still on the hook for $7.5 million in damages to a salt mine, even though its client reported water streaming into the mine years after the problem was actually found.

The three-judge panel ruled that, though Lyons Salt Co. waited too long to notify its insurer of the problem, that fact alone isn’t enough to relieve Lexington of its obligation to cover its client as agreed, according to Tuesday’s...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

B.S.C. Holding, Inc. et al v. Lexington Insurance Company


Case Number

2:11-cv-02252

Court

Kansas

Nature of Suit

Insurance

Judge

Eric F. Melgren

Date Filed

May 5, 2011

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.