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Travelers Owes For Damaged Syrup Shipment, 3rd Circ. Says

By Ryan Boysen (April 18, 2017, 7:52 PM EDT) -- Travelers Property Casualty Co. is on the hook for a shipment of damaged corn syrup transported by USA Container Co., the Third Circuit affirmed Tuesday, saying the exclusions Travelers cited in attempting to deny coverage were irrelevant but that the insurer owes only about $675,000 and not $1 million, as the lower court had originally ruled....

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